Bernie Sanders
A Death Spiral:
Sen. Bernie Sanders on Wednesday agreed with unions representing Postal Service workers opposed to legislation likely to end Saturday mail service, significantly slow down delivery, close processing plants and eliminate door-to-door deliveries. A bill by Sens. Tom Carper and Tom Coburn was called “a serious threat” to the Postal Service in a joint letter signed by leaders of the American Postal Workers Union, National Association of Letter Carriers, National Postal Mail Handlers Union and the National Rural Letter Carriers Association.
The labor leaders said the Carper-Coburn legislation would dismantle mail processing and delivery networks, slash 80,000 jobs and retain elements of an onerous congressional mandate to pre-fund health benefits for future retirees.
That mandate makes the Postal Service set aside $5.5 billion a year in a fund that already has more than enough to cover future benefits. Financing that mandate, which is unlike any in private business or other public-sector employers, accounts for about $4 out of every $5 in Postal Service debts.
Continue reading here: http://www.sanders.senate.gov/
Sen. Bernie Sanders on Wednesday agreed with unions representing Postal Service workers opposed to legislation likely to end Saturday mail service, significantly slow down delivery, close processing plants and eliminate door-to-door deliveries. A bill by Sens. Tom Carper and Tom Coburn was called “a serious threat” to the Postal Service in a joint letter signed by leaders of the American Postal Workers Union, National Association of Letter Carriers, National Postal Mail Handlers Union and the National Rural Letter Carriers Association.
The labor leaders said the Carper-Coburn legislation would dismantle mail processing and delivery networks, slash 80,000 jobs and retain elements of an onerous congressional mandate to pre-fund health benefits for future retirees.
Continue reading here: http://www.sanders.senate.gov/
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