Postal Service Deal Clears Senate Panel

on November 10, 2011 at 10:30 AM

A Senate panel passed a bipartisan deal to save the U.S. Postal Service.

The Homeland Security and Governmental Affairs Committee voted 9-to-1 to pass the deal, which buys out some employees, cuts worker compensation benefits for some retirees and maintains Saturday mail service for two more years.

“I think we’ve offered a solution to the problem, and we’ve done so in a bipartisan way,” said Sen. Joseph Lieberman, the Connecticut Independent who runs the panel.