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Senate Proceeding on Sep 27th, 2010 :: 2:51:50 to 2:55:34
Total video length: 7 hours 59 minutes Stream Tools: Stream Overview | Edit Time

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2:51:46 to 2:51:51( Edit History Discussion )

House Clerk: insurance, some life insurance

Susan Collins

2:51:50 to 2:55:34( Edit History Discussion )
Speech By: Susan Collins

Susan Collins

2:51:52 to 2:52:13( Edit History Discussion )

Susan Collins: programs as federal employees. but what we didn't know until this report was done, mr. president, is that the postal service pays 100% of the health insurance premiums for

Susan Collins

2:52:14 to 2:52:34( Edit History Discussion )

Susan Collins: 835 of its top employees, an expensive perk occur at no other quasi- governmental or governmental -- quasi-governmental or governmental agency. this costs the postal service an estimated $10 million annually.

Susan Collins

2:52:35 to 2:52:58( Edit History Discussion )

Susan Collins: if the postal service brought into line its contributions to -- for these executives, it could save $2.8 million per year on this change alone.

Susan Collins

2:52:59 to 2:53:24( Edit History Discussion )

Susan Collins: it's unbelievable to me that the postal service, awash in debt and asking for huge postal rate increases, is paying the full health care premium its executives. it's a little difficult for the postal service to tell its rank-and-file members that they need to pay more for their

Susan Collins

2:53:26 to 2:53:48( Edit History Discussion )

Susan Collins: health insurance premiums. they now -- the postal service is paying 79% in comparison to 72% for the average federal employee. it's a little hard for the postal service to make that case if it's paying 100% of the premium for 835 of executives.

Susan Collins

2:53:49 to 2:54:10( Edit History Discussion )

Susan Collins: if the postal service brought its benefit contributions in line with other fede agencies, it could save more than $700 million next year alone. but that's not all. when senator mccaskill and i requested that the i.g. review

Susan Collins

2:54:11 to 2:54:35( Edit History Discussion )

Susan Collins: the postal service's contracting practices, it discovered unfair and unethical practices replete with no-bid contracts and examples of apparent cronyism. the postal service's contract management did not protect it

Susan Collins

2:54:36 to 2:54:56( Edit History Discussion )

Susan Collins: from waste, fraud and a indeed, it left the door wide open. the postal service could not even identify how many contracts were awarded without competion competition. the postal service found that 35% of the no-bid contracts that

Susan Collins

2:54:57 to 2:55:20( Edit History Discussion )

Susan Collins: it did review lacked justification. as part of its review, the i.g. discovered that more contracts had been awarded to former postal employees in the past since 1991, and of these

Susan Collins

2:55:21 to 2:55:36( Edit History Discussion )

Susan Collins: contracts, 359 at least were awarded as no-bid contracts to former postal employees in the last three years. 17 of them were noncompetitive

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