WASHINGTON DC ~ Bipartisan plan announced by the United States Senate this week would throw a lifeline to the U.S. Postal Service (USPS) while keeping a six-day mail delivery for at least the next two years.  ~  Associated Press reported.

Senate Homeland and Governmental Affairs Committee will look at the proposal next week. In this new proposal, along with many other things, encourages cuts in employee staff and refunding the nearly $7 billion in overpayments USPS paid into the Federal Employee Retirement System.

This inturn could be used to offer early retirement to a large number of postal workers.

The new proposal seems to boad well for the periodical postal pieces.  This will be great news for the Magazine Industry if this paln goes into effect.

In closing if passed this would also allow the USPS to go forward and close many USPS properties