In closing, I want to thank Chairwoman Velazquez for her support and leadership of innovative small business. I also want to thank Representative Espaillat for his work on this issue in the last Congress, and I urge Members to support this legislation.
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The Postal Service also has a ridiculous mandate to prefund in 10 years' time 75 years of retiree health benefits, unlike any other private or public institution.
As you know, there is a bipartisan bill sitting on Mitch McConnell's desk that would eliminate the prefunding mandate and free up tens of billions of dollars for the U.S. Postal Service.
A one percent under count of low-income workers in my district means a loss of approximately $160,000 in Federal funding for job training programs, apprenticeship programs, and career counseling.
I do not think the Green New Deal is the way to do it, but I do think that we have the capacity, the intellectual, technical capacity to address these issues and do it in a way that not only benefits our country but the whole world.
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