Legislation to reform the Postal Service moved forward in Congress this week.
The House Oversight and Government Reform Committee, which oversees postal matters, unanimously approved a reform bill July 12.
“This vote sends a strong signal that the bipartisan leadership of the committee intends to bring postal reform legislation to the floor of the House for a vote this year,” USPS said in a statement.
“While the bill does not include all of the elements that the Postal Service requested, it is the product of reasonable compromise and represents a significant step toward returning the Postal Service to a position of financial stability that all stakeholders agree is necessary.”
The full House could consider the bill after Labor Day.
To become law, the legislation must win approval from the full House and Senate, which has its own postal reform bill, and be signed by the president.
The Postal Service’s full statement is available in the online newsroom, and the legislation is posted on the House site.