icon
icon
icon
icon
Upgrade
Upgrade

News /

Articles /

Postal Privatization Battle: 208 Co-Sponsors and Counting!

Industry ExpressFriday, May 16, 2025 3:56 pm ET
1min read
Ladies and gentlemen, buckle up! The postal privatization battle is heating up on Capitol Hill, and you need to be in the know. House Resolution 70, the anti-privatization resolution, has just hit a massive milestone with 208 bipartisan co-sponsors. That's right, folks, we're just 10 co-sponsors away from the magic number of 218, which means majority support in the House. This is a game-changer, and you need to act now!

But wait, there's more! While the House is finalizing the budget reconciliation package, the House Budget Committee voted to reject the full package. However, the cuts to letter carrier retirement benefits are still on the table. This is a critical moment, and you need to take action. Click here to ask your representative to co-sponsor H.Res. 70 and oppose these cuts. More information on H.Res. 70 is available here, and more information on the proposed cuts to letter carrier retirement benefits is available here.

Now, let's talk about the potential long-term economic implications of these proposed cuts. The elimination of the FERS annuity Social Security supplement, the increase in FERS annuity contribution rates, and the replacement of the High-3 FERS annuity calculation with a High-5 calculation could have devastating effects on the financial health of the US Postal Service and its stakeholders. This could lead to a decrease in consumer spending, a reduction in the standard of living for retirees, and a negative impact on the recruitment and retention of USPS employees.

But it's not all doom and gloom. The anti-privatization resolution is gaining momentum, and with your help, we can ensure that the US Postal Service remains an independent establishment of the Federal Government. So, what are you waiting for? Take action now and make your voice heard. The future of the US Postal Service is in your hands!
Disclaimer: The news articles available on this platform are generated in whole or in part by artificial intelligence and may not have been reviewed or fact checked by human editors. While we make reasonable efforts to ensure the quality and accuracy of the content, we make no representations or warranties, express or implied, as to the truthfulness, reliability, completeness, or timeliness of any information provided. It is your sole responsibility to independently verify any facts, statements, or claims prior to acting upon them. Ainvest Fintech Inc expressly disclaims all liability for any loss, damage, or harm arising from the use of or reliance on AI-generated content, including but not limited to direct, indirect, incidental, or consequential damages.