From the article: "...voted to stave off Draconian cuts and retool the nation's mail-delivery system with nearly $11 billion for buyouts and early retirement-incentives for thousands of postal workers, as well as for paying off a lot of the Postal Service's debt...."
From the article: "...More likely than not, the bill will facilitate the destruction of a national treasure by strangling the principles that support its existence. Postal reform is going to fail because Congress cannot understand the fundamental role of a national post as essential infrastructure. Congress will do nothing to stem the slow evisceration of the network. It will do nothing to prevent the wholesale destruction of the value of First Class mail. ..."
From the article: "...The measure would tap most of an estimated $10.9 billion overpayment in the Federal Employees Retirement System to pay down postal service debt and use up to $2 billion on buy-out packages to entice long-time employees to retire...."
