Major Restructuring of U.S. Postal Service on Horizon

The House Oversight Committee last Thursday approved a sweeping measure that would work to erase billions of dollars’ worth of red ink at the United States Postal Service. The bill, the Postal Reform Act of 2011, H.R. 2309, was introduced by the chairman of the Oversight Committee, Rep. Darrell Issa, R-Calif., who said that the bill needs to be moved rapidly through the legislative process.

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