Issa: End Saturday Mail and Save Billions for Military Pensions
Saturday, January 4, 2014
Rep. Darrell Issa has introduced a bill to replace proposed military pension cuts by scrapping Saturday mail delivery, Postal News reported Friday.
Issa believes that cutting Saturday service would create an estimated $17 billion reserve over 10 years, replacing a one percent annual cost of living adjustment for some retired military veterans that was included in the 2013 bipartisan budget deal.
“This legislation will restore cost of living adjustments for our military retirees and not only replace the savings but nearly triple them, saving $17 billion over 10 years according to conservative USPS estimates,” Issa (R-Ca.), chairman of the House Oversight and Government Reform Committee, said in a statement.
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