WASHINGTON, D.C. – Today, Senator Rick Scott spoke on the Senate floor on how Congress shouldn’t squander the opportunity to reform the U.S. Postal Service by rushing passage of H.R. 3076, the Postal Service Reform Act of 2022, which does nothing to secure the future of postal workers and Medicare recipients or make the Postal Service more efficient. Senator Scott is calling for full committee consideration of the legislation to improve and deliver a bill that truly works for the American people, protects Medicare solvency and provides a positive return on taxpayer dollars.
See more from his speech HERE or below.
Senator Scott also sent a letter to Congressional Budget Office (CBO) Director Phillip Swagel requesting an immediate response with information on the long-term budgetary effects of H.R. 3076, the Postal Service Reform Act of 2022, and any negative fiscal impacts the legislation may have on the Medicare program.
Read the full letter HERE or below.
February 14, 2022
Director Phillip Swagel
Congressional Budget Office
Ford House Office Building
Fourth Floor, Second and D Streets, SW
Washington, DC 20515-6925
Dear Director Swagel:
I write to you today to request a projection of the budgetary effects of H.R. 3076, the Postal Service Reform Act of 2022, beyond the initial ten-year budget window, including the effects of the bill on the Medicare program.
Please respond in writing with responses to the following questions as soon as possible:
- What are the budgetary effects of H.R. 3076 in Fiscal Years 2031 through 2040?
- What is the effect of the bill on the Medicare Hospital Insurance Trust Fund, with the increased utilization of Medicare that this legislation will cause?
- What is the cost to the Medicare program over the next 20 years?
- What is the effect to Medicare premiums in Part B and D with the additional costs imposed by H.R. 3076 to the program?
Without such information, Congress is unable to make informed policy decisions regarding this bill, its impact to Medicare, and the federal government’s long-term financial strength and stability. This information is urgent as Congress is currently considering this consequential piece of legislation on the floor of the U.S. Senate.
Thank you for your attention to this important matter and for your prompt response.