07/18/17

House Budget Committee to Consider Federal Retirement Cuts

Tomorrow, the House Budget Committee will begin consideration of a budget resolution that proposes to increase federal and postal employee contributions for the Federal Employee Retirement System (FERS) and eliminate the FERS supplemental retirement program. Continue Reading

06/08/17

Rep. Gowdy to Chair Oversight and Government Reform Committee

The House Republican Steering Committee selected Rep. Trey Gowdy (R-SC) to succeed retiring Rep. Jason Chaffetz (R-UT) as chair of the House Oversight and Government Reform Committee. Continue Reading

06/02/17

Congressional Budget Office Projects HR 756 Saves $6 Billion

Yesterday, the Congressional Budget Office (CBO) finally released the projected cost associated with enactment of HR 756, the Postal Reform Act of 2107. The CBO determined that the bill would reduce federal spending by $6 billion over the next decade. Continue Reading

05/24/17

Fiscal Year 2018 Trump Budget Targets Retirees and Adopts Obama Postal Proposals

As anticipated, President Trump's just-unveiled fiscal year 2018 budget levies significant additional costs on current federal and postal employees, while also reducing the value of retirement benefits. In addition, the budget raises a number of postal reform proposals previously made by President Obama. Continue Reading

05/19/17

Trump Budget Targets Federal-Postal Community; Chaffetz to Exit Congress June 30

Next week the Trump Fiscal Year 2018 Budget will be unveiled and it includes numerous proposals that should alarm UPMA members. In addition, Oversight and Government Reform Chair Chaffetz will be departing the House of Representatives on June 30. Continue Reading

03/16/17

House Oversight & Government Reform Committee Approves Postal Reform Bill

Earlier today, the House Oversight and Government Reform Committee approved H.R. 756, the Postal Reform Act of 2017, by voice vote. The bipartisan bill would help to stabilize postal finances and ensure its operational viability. Continue Reading