About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

H.R. 2309 Postal Reform Act of 2011 1 (March 29, 2012)

handle is hein.congrec/cbo10718 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE March 29, 2012 H.R. 2309 Postal Reform Act of 2011 As ordered reported by the House Committee on Rules on March 26, 2012 SUMMARY H.R. 2309 would change the laws that govern the operation of the United States Postal Service (USPS). Major provisions of the bill would: * Permit the Postal Service to reduce mail delivery from six to five days per week; * Transfer about $11 billion in surplus retirement contributions from the Civil Service Retirement and Disability Fund (CSRDF) to the Postal Service Fund; * Reduce the contribution made by the Postal Service for employees' health and life insurance premiums; * Change the payments that the Postal Service is required to make to the Postal Service Retiree Health Benefits Fund (PSRHBF); and * Eliminate annual appropriations made to the Postal Service for free and reduced rate mail. In addition, other provisions of H.R. 2309 would aim to help the Postal Service reduce its costs and increase its income. CBO estimates that enacting the bill would result in off-budget savings totaling about $28 billion and on-budget costs of about $8 billion over the 20 12-2022 period. (USPS cash flows are recorded in the federal budget in the Postal Service Fund and are classified as off-budget, while the cash flows of the PSRHVBF and CSRDF are on-budget.) Combining those effects, CBO estimates that the net savings to the unified budget from enacting H.R. 2309 would be about $20 billion over the 20 12-2022 period. All of those

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Short-term subscription options include 24 hours, 48 hours, or 1 week to HeinOnline.

Purchase Access

Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most