CBO Projects USPS Will Continue Defaulting on Retiree Health Fund Payments

By Ian Smith – February 4, 2020 The Congressional Budget Office predicts that the Postal Service will continue defaulting on mandatory payments to the Postal Service Retiree Health Benefits Fund for the next decade. CBO said in a recent report that it expects the Postal Service to continue defaulting on the payments for the next…

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CBO Cost Estimate of H.R. 5714 – Postal Service Reform Act of 2016

As ordered reported by the House Committee on Oversight and Government Reform on July 12, 2016: H.R. 5714 would change the laws that govern the operation of the Postal Service (USPS), restructure how the federal government pays for health benefits for federal employees and annuitants, and alter how the federal government calculates the contributions that…

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The true cost for restoring service standards and why the Postal Service can afford it

A couple of weeks ago, the Congressional Budget Office (CBO) announced that it would cost the Postal Service $1 billion to comply with an amendment requiring the Postal Service to revert to the service standards for First Class mail and periodicals that were in effect on July 1, 2012. The amendment was proposed by Representative…

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FEHBP modernization would improve service, save money

The Hill - Opinion

(March 3, 2015) It is rare that our federal government has an opportunity to both serve people better and save taxpayers money, but the Federal Employees Health Benefits Program (FEHBP) provides an opportunity to save taxpayers as much as $300 million dollars and to modernize comprehensive health plans that will better meet consumers’ needs. The…

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