Did you know that Truthout is a nonprofit and independently funded by readers like you? If you value what we do, please support our work with a donation.
A bipartisan, bicameral group of lawmakers introduced legislation this week that would scrap an onerous 2006 mandate requiring the U.S. Postal Service to prefund retiree benefits decades in advance, an obligation that’s been blamed for the beloved mail agency’s financial woes — which Republicans have readily used to justify recent attacks on the institution.
The USPS Fairness Act, an earlier version of which cleared the House last February, would “repeal the requirement that the United States Postal Service prepay future retirement benefits,” a rollback supported by the 200,000-member American Postal Workers Union (APWU) and other organizations representing mail carriers.
“The bipartisan USPS Fairness Act is one of the first steps toward returning the Postal Service to solid financial footing, and I urge Congress to quickly pass this critical legislation,” said APWU president Mark Dimondstein.
Approved by a Republican-controlled Congress and signed into law by former President George W. Bush in 2006, the Postal Accountability and Enhancement Act “required the Postal Service to create a $72 billion fund that would pay for its employees’ retirement health benefits for more than 50 years into the future,” NBC News explained Tuesday.
“This is not required [of] any other federal agency,” NBC noted.
Rep. Peter DeFazio (D-Ore.), the lead House sponsor of the USPS Fairness Act, said in a statement Monday that “the unreasonable prefunding mandate has threatened the survival of the USPS and placed at risk vital services for the millions who rely on it.”
“The prefunding mandate policy is based on the absurd notion of paying for the retirement funds of people who do not yet, and may not ever, work for the Postal Service,” said DeFazio. “I’m hopeful that, under a Biden administration, we can finally repeal this ludicrous policy, provide the USPS with critical financial relief, and take the first step towards much-needed comprehensive reform.”
The legislation’s leading Democratic sponsor in the Senate, Sen. Brian Schatz of Hawaii, echoed that message, declaring that “there is no reason we should be requiring the USPS to prefund its future health and retirement benefits.”
“It’s an unnecessary burden that is jeopardizing its financial health,” said Schatz. “This is an easy fix that will dramatically improve USPS’s finances and ensure mail delivery can continue uninterrupted.”
The renewed push for repeal of the prefunding mandate comes as President Joe Biden is facing growing calls to act quickly to stop Postmaster General Louis DeJoy from inflicting any more damage on the USPS, whose services slowed dramatically after the Republican megadonor took over and began implementing sweeping changes last year.
Two Democratic members of Congress — Reps. Bill Pascrell (D-N.J.) and Tim Ryan (D-Ohio) — are publicly urging Biden to terminate every member of the Postal Service Board of Governors and appoint replacements who are dedicated to preserving and strengthening the USPS as an essential public service.
“Through the devastating arson of the Trump regime, the USPS Board of Governors sat silent,” Pascrell wrote in a letter to Biden last week. “Their dereliction cannot now be forgotten. Therefore, I urge you to fire the entire Board of Governors and nominate a new slate of leaders to begin the hard work of rebuilding our Postal Service for the next century.”
Important Message: Please Read
For 25 years, Truthout has survived by publishing impactful investigative journalism and analysis; distributing full editions 365 days a year; and building a community of readers who support us with small, hard-earned donations.
Eighty percent of our $3 million yearly budget comes from small donors alone. Of those, 8,000 readers support us with monthly donations. Back in 2018, when Facebook decided to suppress the circulation of posts made by organizations, thereby cutting readers off from seeing many articles shared by the news organizations they had intentionally decided to follow, Truthout’s total traffic declined by 40 percent, as nearly all of our traffic from that platform disappeared.
Now, Google has recently rolled out its AI search bar, providing AI summaries instead of directing readers to our site. Google Search is our single largest source of traffic; it’s the route by which nearly one third of our readers find us. Much like in 2018, a shocking 40 percent of our Google traffic has disappeared overnight.
It will not be easy for Truthout to shoulder this blow. Nor will it be easy for our peers and collaborators — news sites that depend on traffic and aren’t bankrolled by large corporations.
If you can support Truthout with a donation today, you can help us resist the AI onslaught. Please give today.