Thursday, April 19, 2012

Senate struggles to save the Post Office

The Senate struggled Thursday to push forward a bill to restructure the U.S. Postal Service, but still lacked accord on which amendments the senators would be allowed to offer.

“We’re really very, very close to getting something done,” said Majority Leader Harry Reid Thursday afternoon. “Our main issue now is whether there will be a 50-vote hurdle or a 60-vote hurdle,” he said.

The Postal Service is headed for financial collapse and perhaps for a taxpayer bailout. Whether Congress can avert this outcome and save it is the question that the Senate has been debating this week as it considers a bipartisan agency restructuring bill.
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