Thursday, October 1, 2009

Finally! A Little Breathing Room


Senate Approves Short-Term Relief for USPS
The Senate approved an appropriations bill Sept. 30 that includes emergency financial relief for the Postal Service. The Fiscal Year 2010 funding measure (H.R. 2918) passed by a vote of 62-38. The postal provision gives the USPS one year of financial relief, allowing it to make a reduced payment to the Postal Service Retiree Health Benefits Fund for future-retiree health benefits. President Obama signed the legislation that evening. [full story]