Postal Service
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The Senate Homeland Security and Governmental Affairs Committee gave its stamp of approval Thursday to a sweeping overhaul of the cash-strapped U.S. Postal Service. In a bipartisan 9-1 vote, the committee approved the 2014 Postal Reform Act and sent the measure to the Senate floor. The bill, which is the brainchild of Sens. Tom Carper (D-Del.) and Tom Coburn (R-Okla.), presents a laundry list of proposals to revamp the financially troubled Postal Service.
February 06, 2014 -
Host Mike Causey will talk professional liability insurance with attorneys John P. Mahoney and David Cavanaugh. Later Andy Medici will discuss potential buyouts at the Social Security Administration and the Environmental Protection Agency. February 5, 2014
February 05, 2014 -
The Senate Homeland Security and Governmental Affairs Committee debated an updated version of postal reform legislation Wednesday that would allow the cash-strapped U.S. Postal Service to restructure its health benefits program. Included in the revised postal reform bill from Sens. Tom Carper (D-Del.) and Tom Coburn (R-Okla.) is a proposal that would create a new postal-only health plan within the broader Federal Employees Health Benefits Program (FEHBP).
January 29, 2014 -
The U.S. Postal Service's financial woes are forcing the agency to put off vital maintenance and repair work of facilities across the country, according to a recent inspector general report. Between 2009 and 2012, the Postal Service's budget for capital improvements and facility repairs fell by $382 million, and some 19,000 planned repairs were left uncompleted.
January 21, 2014 -
After a month of negotiations, the leaders of the House and Senate Appropriations Committees unveiled a massive $1.1 trillion spending bill this week funding the government for the remainder of fiscal 2014. From federal pay and benefits to a further decline in the Internal Revenue Service's budget, read about three key takeaways of the bill.
January 14, 2014 -
A new bill would repeal reductions in military pensions approved by Congress late last month as part of the bipartisan budget deal and allow the U.S. Postal Service to reduce regular mail delivery to five days a week. Rep. Darrell Issa (R-Calif.), the chairman of the House Oversight and Government Reform Committee, introduced the legislation Dec. 19, shortly before Congress decamped for the holidays.
January 02, 2014 -
Many electronic devices contain hazardous materials that can cause environmental damage when sent to landfills. The Postal Service's BlueEarth Recycling Program makes it convenient and safe for agencies to dispose of electronic waste.
December 20, 2013 -
Postal officials called on Congress to lift a 2006 congressional requirement that it make annual $5.6 billion payments to cover expected health care costs for future retirees.
November 15, 2013 -
The Postal Service will kick off its pilot to provide identity management services in the cloud in early 2014. The IRS and DHS also are pursuing complimentary initiatives to authorize and authenticate users.
November 15, 2013 -
Financial planner Arthur Stein will discuss what you can do to protect your assets in the event of another government shutdown, and Sean Reilly will talk about the possibility of another shutdown, and what's ahead for feds. October 23, 2013
October 23, 2013 -
Certified financial planner Arthur Stein will provide tips on how to protect your retirement nest egg, and Federal Times Senior Writer Sean Reilly will give us the latest on the government shutdown. October 9, 2013
October 09, 2013 -
The White House is finalizing its first major cybersecurity policy in more than three years.
October 04, 2013 -
The cash-strapped U.S. Postal Service says it can return to being profitable and begin to pay down its debt if Congress gives it the authority to overhaul its health benefits structure. Postmaster General Pat Donahoe told the Senate Homeland Security and Governmental Affairs Committee Thursday that launching a postal-specific health care plan would help save the agency $8 billion annually through 2016.
September 26, 2013 -
This week's guests on the Your Turn radio program include Bob Braunstein, an expert on the upcoming phased retirement option, and Federal Times Senior Writer Sean Reilly with the latest on the possible shutdown.
September 25, 2013 -
Postmaster General Patrick Donahoe says a Senate bill aiming to overhaul the Postal Service's financial structure by providing the agency more flexibility to price its products is a good first step. Donahoe has been calling on Congress to approve comprehensive postal reform for much of the last two years. In that time, the cash-strapped agency has posted losses of $20 billion and defaulted on more than $11 billion in payments to prefund retiree health care costs. USPS is set to default on a $5.6 billion payment due Sept. 30 payment, Donahoe said.
September 19, 2013