A bipartisan group of senators introduced legislation Wednesday to lift significant financial burdens off the ailing U.S. Postal Service while tightening accountability requirements for mail delivery, a major stride for an agency that has tussled with its balance sheet and reputation for the better part of a year.
The bill, identical to a version that has advanced in the House, would repeal $5 billion a year in mandatory retiree health-care expenses and require future postal retirees to enroll in Medicare. Advocates say the measures would save the agency $30 billion over the next decade.
