A bipartisan group of lawmakers in the House and Senate introduced legislation that would provide the Postal Service much-needed financial relief by doing away with a mandate that required it to prepay retirement benefits decades in advance.
The issue stems from a 2006 law that 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. This is not required by any other federal agency.
Best news I've heard all day.