Sunday, March 29, 2015

Will Congress save the US Postal Service?

Oil and gas tax break debate comes first

Will Congress save the US Postal Service?

US Sen. Tom Carper, D-Del., says he's "disappointed" that the Senate voted last night to delay debate on postal-reform legislation designed to save the Postal Service from running out of money by changing the way postal retirement and health spending is collected and giving postal bosses more freedom to close unprofitable facilities.

Instead the Senate will continue arguing, for now, about Sen. Bob Melendez, D-NJ's legislation to repeal oil and gas tax breaks.

But Carper says he's heartened that both Demcorats and Republicans in the Senate have spoen in favor of the bill, "and I look forward to the Senate considering this legislation" after it gets back from its April recess.  

Joseph N. DiStefano
About this blog

PhillyDeals posts raw drafts and updates of Joseph N. DiStefano's columns and stories about Philly-area finance, investment, commercial real estate, tech, hiring and public spending, which he's been writing since 1989, mostly for the Philadelphia Inquirer.

DiStefano studied economics, history and a little engineering at Penn, taught writing at St. Joe's, and has written the book Comcasted, more than a thousand columns, and thousands of articles, and raised six children with his wife, who is a saint.

Reach Joseph N. at or 215 854 5194.

Joseph N. DiStefano
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