Washington, D.C.—Sen. John McCain (R-Ariz.) has introduced a new bill in the U.S. Senate to oversee U.S. Postal Service reforms. The bill is modeled after one already proposed
in the House of Representatives.
Sen. McCain's Postal Reform Act of 2011 would establish two boards, one that would oversee receivership of the Postal Service if it defaults on government payments—a possibility the Postal Service has said may be imminent—and another that would make decisions on which post offices to close.
The bill also proposes eliminating Saturday mail delivery to help cut costs, would permit the selling of ad space at post offices and on mail trucks, and would require postal employees to pay more toward their healthcare and retirement benefits.