Group of U.S. senators backs $46 billion in relief for Postal Service_老虎社区_美港股上老虎

Group of U.S. senators backs $46 billion in relief for Postal Service

reuters2021-05-20

A bipartisan group of 20 U.S. senators introduced legislation on Wednesday to provide the cash-strapped U.S. Postal Service (USPS) with $46 billion in financial relief over 10 years. The U.S. House of...

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Instead, USPS would pay a small, yearly \"top-up\" payment to address actual annual retiree costs.</p>\n<p>The agency has reported net losses of $86.7 billion since 2007. One reason is 2006 legislation mandating that it pre-fund more than $120 billion in retiree healthcare and pension liabilities, a requirement that labor unions have called an unfair burden not shared by other businesses.</p>\n<p>\"This common-sense, bipartisan legislation would help put the Postal Service on a sustainable financial footing,\" said Senator Gary Peters, a Democrat who chairs the panel that oversees the Postal Service.</p>\n<p>The Postal Service has struggled with poor delivery performance over the past year, facing a huge boost in packages and COVID-19 staffing issues.</p>\n<p>The bill would require USPS to maintain delivery for six days a week.</p>\n<p>A USPS spokesman said on Wednesday the agency was \"encouraged to see the introduction of bipartisan, bicameral postal reform language.\" If passed, the financial reforms \"will be a major step forward for financial sustainability of the Postal Service,\" the spokesman added.</p>\n<p>In March, Postmaster General Louis DeJoy proposed a 10-year strategic plan that would eliminate $160 billion in forecasted red ink by slowing some mail deliveries, cutting some retail hours and closing some locations.</p>\n<p>DeJoy told Reuters in March that action was urgently needed. \"We’re losing $10 billion a year - gotta fix it,\" he said.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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Instead, USPS would pay a small, yearly \"top-up\" payment to address actual annual retiree costs.\nThe agency has reported net losses of $86.7 billion since 2007. One reason is 2006 legislation mandating that it pre-fund more than $120 billion in retiree healthcare and pension liabilities, a requirement that labor unions have called an unfair burden not shared by other businesses.\n\"This common-sense, bipartisan legislation would help put the Postal Service on a sustainable financial footing,\" said Senator Gary Peters, a Democrat who chairs the panel that oversees the Postal Service.\nThe Postal Service has struggled with poor delivery performance over the past year, facing a huge boost in packages and COVID-19 staffing issues.\nThe bill would require USPS to maintain delivery for six days a week.\nA USPS spokesman said on Wednesday the agency was \"encouraged to see the introduction of bipartisan, bicameral postal reform language.\" If passed, the financial reforms \"will be a major step forward for financial sustainability of the Postal Service,\" the spokesman added.\nIn March, Postmaster General Louis DeJoy proposed a 10-year strategic plan that would eliminate $160 billion in forecasted red ink by slowing some mail deliveries, cutting some retail hours and closing some locations.\nDeJoy told Reuters in March that action was urgently needed. \"We’re losing $10 billion a year - gotta fix it,\" he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":197570383,"gmtCreate":1621475918842,"gmtModify":1634188847876,"author":{"id":"3581466055330001","authorId":"3581466055330001","name":"Steventeo","avatar":"https://static.tigerbbs.com/f579b5cba569decf00183de8a6a2ab3e","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3581466055330001","authorIdStr":"3581466055330001"},"htmlText":"Gogogo","listText":"Gogogo","text":"Gogogo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/197570383","repostId":1103542681,"repostType":4,"repost":{"id":"1103542681","kind":"news","pubTimestamp":1621475466,"share":"https://www.laohu8.com/m/news/1103542681?lang=&edition=full","pubTime":"2021-05-20 09:51","market":"us","language":"en","title":"Group of U.S. senators backs $46 billion in relief for Postal Service","url":"https://stock-news.laohu8.com/highlight/detail?id=1103542681","media":"reuters","summary":"A bipartisan group of 20 U.S. senators introduced legislation on Wednesday to provide the cash-strap","content":"<p>A bipartisan group of 20 U.S. senators introduced legislation on Wednesday to provide the cash-strapped U.S. Postal Service (USPS) with $46 billion in financial relief over 10 years.</p>\n<p>The U.S. House of Representatives Oversight and Reform Committee voted unanimously to approve companion legislation last week.</p>\n<p>The legislation would eliminate a requirement that USPS pre-fund retiree health benefits for 75 years and would require postal employees to enroll in the Medicare government-retiree health plan. Instead, USPS would pay a small, yearly \"top-up\" payment to address actual annual retiree costs.</p>\n<p>The agency has reported net losses of $86.7 billion since 2007. One reason is 2006 legislation mandating that it pre-fund more than $120 billion in retiree healthcare and pension liabilities, a requirement that labor unions have called an unfair burden not shared by other businesses.</p>\n<p>\"This common-sense, bipartisan legislation would help put the Postal Service on a sustainable financial footing,\" said Senator Gary Peters, a Democrat who chairs the panel that oversees the Postal Service.</p>\n<p>The Postal Service has struggled with poor delivery performance over the past year, facing a huge boost in packages and COVID-19 staffing issues.</p>\n<p>The bill would require USPS to maintain delivery for six days a week.</p>\n<p>A USPS spokesman said on Wednesday the agency was \"encouraged to see the introduction of bipartisan, bicameral postal reform language.\" If passed, the financial reforms \"will be a major step forward for financial sustainability of the Postal Service,\" the spokesman added.</p>\n<p>In March, Postmaster General Louis DeJoy proposed a 10-year strategic plan that would eliminate $160 billion in forecasted red ink by slowing some mail deliveries, cutting some retail hours and closing some locations.</p>\n<p>DeJoy told Reuters in March that action was urgently needed. \"We’re losing $10 billion a year - gotta fix it,\" he said.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGroup of U.S. senators backs $46 billion in relief for Postal Service\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-20 09:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/world/us/us-senators-back-46-bln-financial-relief-postal-service-2021-05-19/><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A bipartisan group of 20 U.S. senators introduced legislation on Wednesday to provide the cash-strapped U.S. Postal Service (USPS) with $46 billion in financial relief over 10 years.\nThe U.S. House of...</p>\n\n<a href=\"https://www.reuters.com/world/us/us-senators-back-46-bln-financial-relief-postal-service-2021-05-19/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.reuters.com/world/us/us-senators-back-46-bln-financial-relief-postal-service-2021-05-19/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103542681","content_text":"A bipartisan group of 20 U.S. senators introduced legislation on Wednesday to provide the cash-strapped U.S. Postal Service (USPS) with $46 billion in financial relief over 10 years.\nThe U.S. House of Representatives Oversight and Reform Committee voted unanimously to approve companion legislation last week.\nThe legislation would eliminate a requirement that USPS pre-fund retiree health benefits for 75 years and would require postal employees to enroll in the Medicare government-retiree health plan. Instead, USPS would pay a small, yearly \"top-up\" payment to address actual annual retiree costs.\nThe agency has reported net losses of $86.7 billion since 2007. One reason is 2006 legislation mandating that it pre-fund more than $120 billion in retiree healthcare and pension liabilities, a requirement that labor unions have called an unfair burden not shared by other businesses.\n\"This common-sense, bipartisan legislation would help put the Postal Service on a sustainable financial footing,\" said Senator Gary Peters, a Democrat who chairs the panel that oversees the Postal Service.\nThe Postal Service has struggled with poor delivery performance over the past year, facing a huge boost in packages and COVID-19 staffing issues.\nThe bill would require USPS to maintain delivery for six days a week.\nA USPS spokesman said on Wednesday the agency was \"encouraged to see the introduction of bipartisan, bicameral postal reform language.\" If passed, the financial reforms \"will be a major step forward for financial sustainability of the Postal Service,\" the spokesman added.\nIn March, Postmaster General Louis DeJoy proposed a 10-year strategic plan that would eliminate $160 billion in forecasted red ink by slowing some mail deliveries, cutting some retail hours and closing some locations.\nDeJoy told Reuters in March that action was urgently needed. \"We’re losing $10 billion a year - gotta fix it,\" he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":197544270,"gmtCreate":1621475844690,"gmtModify":1634188849175,"author":{"id":"3574521189147374","authorId":"3574521189147374","name":"ping23","avatar":"https://static.tigerbbs.com/c38fda829a130d716804cbae538a7cb8","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3574521189147374","authorIdStr":"3574521189147374"},"htmlText":"pls like &amp; comment","listText":"pls like &amp; comment","text":"pls like & comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/197544270","repostId":1103542681,"repostType":4,"repost":{"id":"1103542681","kind":"news","pubTimestamp":1621475466,"share":"https://www.laohu8.com/m/news/1103542681?lang=&edition=full","pubTime":"2021-05-20 09:51","market":"us","language":"en","title":"Group of U.S. senators backs $46 billion in relief for Postal Service","url":"https://stock-news.laohu8.com/highlight/detail?id=1103542681","media":"reuters","summary":"A bipartisan group of 20 U.S. senators introduced legislation on Wednesday to provide the cash-strap","content":"<p>A bipartisan group of 20 U.S. senators introduced legislation on Wednesday to provide the cash-strapped U.S. Postal Service (USPS) with $46 billion in financial relief over 10 years.</p>\n<p>The U.S. House of Representatives Oversight and Reform Committee voted unanimously to approve companion legislation last week.</p>\n<p>The legislation would eliminate a requirement that USPS pre-fund retiree health benefits for 75 years and would require postal employees to enroll in the Medicare government-retiree health plan. Instead, USPS would pay a small, yearly \"top-up\" payment to address actual annual retiree costs.</p>\n<p>The agency has reported net losses of $86.7 billion since 2007. One reason is 2006 legislation mandating that it pre-fund more than $120 billion in retiree healthcare and pension liabilities, a requirement that labor unions have called an unfair burden not shared by other businesses.</p>\n<p>\"This common-sense, bipartisan legislation would help put the Postal Service on a sustainable financial footing,\" said Senator Gary Peters, a Democrat who chairs the panel that oversees the Postal Service.</p>\n<p>The Postal Service has struggled with poor delivery performance over the past year, facing a huge boost in packages and COVID-19 staffing issues.</p>\n<p>The bill would require USPS to maintain delivery for six days a week.</p>\n<p>A USPS spokesman said on Wednesday the agency was \"encouraged to see the introduction of bipartisan, bicameral postal reform language.\" If passed, the financial reforms \"will be a major step forward for financial sustainability of the Postal Service,\" the spokesman added.</p>\n<p>In March, Postmaster General Louis DeJoy proposed a 10-year strategic plan that would eliminate $160 billion in forecasted red ink by slowing some mail deliveries, cutting some retail hours and closing some locations.</p>\n<p>DeJoy told Reuters in March that action was urgently needed. \"We’re losing $10 billion a year - gotta fix it,\" he said.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Group of U.S. senators backs $46 billion in relief for Postal Service</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGroup of U.S. senators backs $46 billion in relief for Postal Service\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-20 09:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/world/us/us-senators-back-46-bln-financial-relief-postal-service-2021-05-19/><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A bipartisan group of 20 U.S. senators introduced legislation on Wednesday to provide the cash-strapped U.S. Postal Service (USPS) with $46 billion in financial relief over 10 years.\nThe U.S. House of...</p>\n\n<a href=\"https://www.reuters.com/world/us/us-senators-back-46-bln-financial-relief-postal-service-2021-05-19/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.reuters.com/world/us/us-senators-back-46-bln-financial-relief-postal-service-2021-05-19/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103542681","content_text":"A bipartisan group of 20 U.S. senators introduced legislation on Wednesday to provide the cash-strapped U.S. Postal Service (USPS) with $46 billion in financial relief over 10 years.\nThe U.S. House of Representatives Oversight and Reform Committee voted unanimously to approve companion legislation last week.\nThe legislation would eliminate a requirement that USPS pre-fund retiree health benefits for 75 years and would require postal employees to enroll in the Medicare government-retiree health plan. Instead, USPS would pay a small, yearly \"top-up\" payment to address actual annual retiree costs.\nThe agency has reported net losses of $86.7 billion since 2007. One reason is 2006 legislation mandating that it pre-fund more than $120 billion in retiree healthcare and pension liabilities, a requirement that labor unions have called an unfair burden not shared by other businesses.\n\"This common-sense, bipartisan legislation would help put the Postal Service on a sustainable financial footing,\" said Senator Gary Peters, a Democrat who chairs the panel that oversees the Postal Service.\nThe Postal Service has struggled with poor delivery performance over the past year, facing a huge boost in packages and COVID-19 staffing issues.\nThe bill would require USPS to maintain delivery for six days a week.\nA USPS spokesman said on Wednesday the agency was \"encouraged to see the introduction of bipartisan, bicameral postal reform language.\" If passed, the financial reforms \"will be a major step forward for financial sustainability of the Postal Service,\" the spokesman added.\nIn March, Postmaster General Louis DeJoy proposed a 10-year strategic plan that would eliminate $160 billion in forecasted red ink by slowing some mail deliveries, cutting some retail hours and closing some locations.\nDeJoy told Reuters in March that action was urgently needed. \"We’re losing $10 billion a year - gotta fix it,\" he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4385803,"gmtCreate":1621476004674,"gmtModify":1635404959111,"authorId":3575710348995261,"author":{"id":3575710348995261,"idStr":"3575710348995261","authorId":3575710348995261,"name":"Pltretard","avatar":"https://static.tigerbbs.com/20d7e9e6ca27ec0b458dcd81b8f9909f","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":197544270,"type":1,"supId":0,"prevId":0,"content":"Done","text":"Done","html":"Done"}],"langContent":"EN"},{"id":197544310,"gmtCreate":1621475822930,"gmtModify":1634188849541,"author":{"id":"3581506547488153","authorId":"3581506547488153","name":"keyseow","avatar":"https://static.tigerbbs.com/67628394472ef81090ca44476b67c566","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3581506547488153","authorIdStr":"3581506547488153"},"htmlText":"Pls like thanks&nbsp;","listText":"Pls like thanks&nbsp;","text":"Pls like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/197544310","repostId":1103542681,"repostType":4,"repost":{"id":"1103542681","kind":"news","pubTimestamp":1621475466,"share":"https://www.laohu8.com/m/news/1103542681?lang=&edition=full","pubTime":"2021-05-20 09:51","market":"us","language":"en","title":"Group of U.S. senators backs $46 billion in relief for Postal Service","url":"https://stock-news.laohu8.com/highlight/detail?id=1103542681","media":"reuters","summary":"A bipartisan group of 20 U.S. senators introduced legislation on Wednesday to provide the cash-strap","content":"<p>A bipartisan group of 20 U.S. senators introduced legislation on Wednesday to provide the cash-strapped U.S. Postal Service (USPS) with $46 billion in financial relief over 10 years.</p>\n<p>The U.S. House of Representatives Oversight and Reform Committee voted unanimously to approve companion legislation last week.</p>\n<p>The legislation would eliminate a requirement that USPS pre-fund retiree health benefits for 75 years and would require postal employees to enroll in the Medicare government-retiree health plan. Instead, USPS would pay a small, yearly \"top-up\" payment to address actual annual retiree costs.</p>\n<p>The agency has reported net losses of $86.7 billion since 2007. One reason is 2006 legislation mandating that it pre-fund more than $120 billion in retiree healthcare and pension liabilities, a requirement that labor unions have called an unfair burden not shared by other businesses.</p>\n<p>\"This common-sense, bipartisan legislation would help put the Postal Service on a sustainable financial footing,\" said Senator Gary Peters, a Democrat who chairs the panel that oversees the Postal Service.</p>\n<p>The Postal Service has struggled with poor delivery performance over the past year, facing a huge boost in packages and COVID-19 staffing issues.</p>\n<p>The bill would require USPS to maintain delivery for six days a week.</p>\n<p>A USPS spokesman said on Wednesday the agency was \"encouraged to see the introduction of bipartisan, bicameral postal reform language.\" If passed, the financial reforms \"will be a major step forward for financial sustainability of the Postal Service,\" the spokesman added.</p>\n<p>In March, Postmaster General Louis DeJoy proposed a 10-year strategic plan that would eliminate $160 billion in forecasted red ink by slowing some mail deliveries, cutting some retail hours and closing some locations.</p>\n<p>DeJoy told Reuters in March that action was urgently needed. \"We’re losing $10 billion a year - gotta fix it,\" he said.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Group of U.S. senators backs $46 billion in relief for Postal Service</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGroup of U.S. senators backs $46 billion in relief for Postal Service\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-20 09:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/world/us/us-senators-back-46-bln-financial-relief-postal-service-2021-05-19/><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A bipartisan group of 20 U.S. senators introduced legislation on Wednesday to provide the cash-strapped U.S. Postal Service (USPS) with $46 billion in financial relief over 10 years.\nThe U.S. House of...</p>\n\n<a href=\"https://www.reuters.com/world/us/us-senators-back-46-bln-financial-relief-postal-service-2021-05-19/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.reuters.com/world/us/us-senators-back-46-bln-financial-relief-postal-service-2021-05-19/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103542681","content_text":"A bipartisan group of 20 U.S. senators introduced legislation on Wednesday to provide the cash-strapped U.S. Postal Service (USPS) with $46 billion in financial relief over 10 years.\nThe U.S. House of Representatives Oversight and Reform Committee voted unanimously to approve companion legislation last week.\nThe legislation would eliminate a requirement that USPS pre-fund retiree health benefits for 75 years and would require postal employees to enroll in the Medicare government-retiree health plan. Instead, USPS would pay a small, yearly \"top-up\" payment to address actual annual retiree costs.\nThe agency has reported net losses of $86.7 billion since 2007. One reason is 2006 legislation mandating that it pre-fund more than $120 billion in retiree healthcare and pension liabilities, a requirement that labor unions have called an unfair burden not shared by other businesses.\n\"This common-sense, bipartisan legislation would help put the Postal Service on a sustainable financial footing,\" said Senator Gary Peters, a Democrat who chairs the panel that oversees the Postal Service.\nThe Postal Service has struggled with poor delivery performance over the past year, facing a huge boost in packages and COVID-19 staffing issues.\nThe bill would require USPS to maintain delivery for six days a week.\nA USPS spokesman said on Wednesday the agency was \"encouraged to see the introduction of bipartisan, bicameral postal reform language.\" If passed, the financial reforms \"will be a major step forward for financial sustainability of the Postal Service,\" the spokesman added.\nIn March, Postmaster General Louis DeJoy proposed a 10-year strategic plan that would eliminate $160 billion in forecasted red ink by slowing some mail deliveries, cutting some retail hours and closing some locations.\nDeJoy told Reuters in March that action was urgently needed. \"We’re losing $10 billion a year - gotta fix it,\" he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4385755,"gmtCreate":1621475834478,"gmtModify":1635404963619,"authorId":3574521189147374,"author":{"id":3574521189147374,"idStr":"3574521189147374","authorId":3574521189147374,"name":"ping23","avatar":"https://static.tigerbbs.com/c38fda829a130d716804cbae538a7cb8","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":197544310,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"EN"},{"id":197543966,"gmtCreate":1621475506955,"gmtModify":1634188854524,"author":{"id":"3583372832024633","authorId":"3583372832024633","name":"KathyMiao","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3583372832024633","authorIdStr":"3583372832024633"},"htmlText":"Helo","listText":"Helo","text":"Helo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/197543966","repostId":1103542681,"repostType":4,"repost":{"id":"1103542681","kind":"news","pubTimestamp":1621475466,"share":"https://www.laohu8.com/m/news/1103542681?lang=&edition=full","pubTime":"2021-05-20 09:51","market":"us","language":"en","title":"Group of U.S. senators backs $46 billion in relief for Postal Service","url":"https://stock-news.laohu8.com/highlight/detail?id=1103542681","media":"reuters","summary":"A bipartisan group of 20 U.S. senators introduced legislation on Wednesday to provide the cash-strap","content":"<p>A bipartisan group of 20 U.S. senators introduced legislation on Wednesday to provide the cash-strapped U.S. Postal Service (USPS) with $46 billion in financial relief over 10 years.</p>\n<p>The U.S. House of Representatives Oversight and Reform Committee voted unanimously to approve companion legislation last week.</p>\n<p>The legislation would eliminate a requirement that USPS pre-fund retiree health benefits for 75 years and would require postal employees to enroll in the Medicare government-retiree health plan. Instead, USPS would pay a small, yearly \"top-up\" payment to address actual annual retiree costs.</p>\n<p>The agency has reported net losses of $86.7 billion since 2007. One reason is 2006 legislation mandating that it pre-fund more than $120 billion in retiree healthcare and pension liabilities, a requirement that labor unions have called an unfair burden not shared by other businesses.</p>\n<p>\"This common-sense, bipartisan legislation would help put the Postal Service on a sustainable financial footing,\" said Senator Gary Peters, a Democrat who chairs the panel that oversees the Postal Service.</p>\n<p>The Postal Service has struggled with poor delivery performance over the past year, facing a huge boost in packages and COVID-19 staffing issues.</p>\n<p>The bill would require USPS to maintain delivery for six days a week.</p>\n<p>A USPS spokesman said on Wednesday the agency was \"encouraged to see the introduction of bipartisan, bicameral postal reform language.\" If passed, the financial reforms \"will be a major step forward for financial sustainability of the Postal Service,\" the spokesman added.</p>\n<p>In March, Postmaster General Louis DeJoy proposed a 10-year strategic plan that would eliminate $160 billion in forecasted red ink by slowing some mail deliveries, cutting some retail hours and closing some locations.</p>\n<p>DeJoy told Reuters in March that action was urgently needed. \"We’re losing $10 billion a year - gotta fix it,\" he said.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGroup of U.S. senators backs $46 billion in relief for Postal Service\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-20 09:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/world/us/us-senators-back-46-bln-financial-relief-postal-service-2021-05-19/><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A bipartisan group of 20 U.S. senators introduced legislation on Wednesday to provide the cash-strapped U.S. Postal Service (USPS) with $46 billion in financial relief over 10 years.\nThe U.S. House of...</p>\n\n<a href=\"https://www.reuters.com/world/us/us-senators-back-46-bln-financial-relief-postal-service-2021-05-19/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.reuters.com/world/us/us-senators-back-46-bln-financial-relief-postal-service-2021-05-19/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103542681","content_text":"A bipartisan group of 20 U.S. senators introduced legislation on Wednesday to provide the cash-strapped U.S. Postal Service (USPS) with $46 billion in financial relief over 10 years.\nThe U.S. House of Representatives Oversight and Reform Committee voted unanimously to approve companion legislation last week.\nThe legislation would eliminate a requirement that USPS pre-fund retiree health benefits for 75 years and would require postal employees to enroll in the Medicare government-retiree health plan. Instead, USPS would pay a small, yearly \"top-up\" payment to address actual annual retiree costs.\nThe agency has reported net losses of $86.7 billion since 2007. One reason is 2006 legislation mandating that it pre-fund more than $120 billion in retiree healthcare and pension liabilities, a requirement that labor unions have called an unfair burden not shared by other businesses.\n\"This common-sense, bipartisan legislation would help put the Postal Service on a sustainable financial footing,\" said Senator Gary Peters, a Democrat who chairs the panel that oversees the Postal Service.\nThe Postal Service has struggled with poor delivery performance over the past year, facing a huge boost in packages and COVID-19 staffing issues.\nThe bill would require USPS to maintain delivery for six days a week.\nA USPS spokesman said on Wednesday the agency was \"encouraged to see the introduction of bipartisan, bicameral postal reform language.\" If passed, the financial reforms \"will be a major step forward for financial sustainability of the Postal Service,\" the spokesman added.\nIn March, Postmaster General Louis DeJoy proposed a 10-year strategic plan that would eliminate $160 billion in forecasted red ink by slowing some mail deliveries, cutting some retail hours and closing some locations.\nDeJoy told Reuters in March that action was urgently needed. \"We’re losing $10 billion a year - gotta fix it,\" he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":36,"commentSize":5,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}