Fedweek

The House Oversight and Government Reform Committee is to hold a hearing today (Wednesday) on postal reform, the first serious look at the issue in that chamber in several years—a period when most of the interest has been in the Senate counterpart committee. Postal reform plans have been pending in Congress for many years and the hearing might be the last chance to build momentum for enactment during this short congressional working year. Some sticking points may have been cleared out of the way recently, with USPS dropping plans to close more processing facilities and to cut mail delivery to five days a week. The measure also would provide relief from a requirement that USPS pre-fund future retiree health insurance costs, a provision that has been a major contributor to financial losses in recent years—although largely on paper, since USPS has defaulted on those payments each year since 2012 with no practical impact.