Senate Postal Bill Hits a Setback

The United States Postal Service (USPS) is on pace to bleed more than $20 billion over 2012 and 2013, and top officials there have urged Democrats and Republicans to come together on a legislative fix.

But in the latest setback for postal reform, Democrats like Sens. Jon Tester (Mont.) and Claire McCaskill (Mo.) say a current Senate bill would do too much to, among other things, slow down delivery standards and eat into USPS’s remaining competitive advantages.