Sept. 4 – U.S. Senate Majority Leader Harry Reid (D-Nev.) has added his crucial backing to calls for a one-year moratorium on U.S. Postal Service plans to close up to 82 mail processing plants, slow down mail delivery and eliminate up to 15,000 jobs. Reid added his signature to those of 50 other senators who signed […]
How bad is the outlook for the Postal Service? Ronald Stroman, deputy postmaster general, doesn’t hesitate. We’re defaulting on our retiree health benefit obligations, he explains. We owe the Treasury $15 billion, he says. First class mail volume is declining about 4 percent a year, he notes. The Post Office should spend about $10 billion […]
Stop Service Cuts and Plant Consolidations Tell Your Congressman: Sign the Letter! A bipartisan group in the House of Representatives – five Republicans and five Democrats – has drafted a letter to leaders of the House Appropriations Committee calling for a one-year moratorium on Postal Service plans to close mail processing plants and slow down mail […]
The Postal Service needs help from Congress to stop the red ink, Postmaster General Patrick Donahoe told CNBC on Wednesday. Despite an increase in package revenues and an emergency price hike that took effect in January, the agency said Monday it lost $2 billion in the second quarter. “The problem we face … is we […]
House Oversight and Government Reform Committee Chairman Darrell Issa, R-Calif., today released the following statement on news that the U.S. Postal Service posted a $2.1 Billion loss in the most recent quarter: “The Postal Service’s latest reported loss illustrates the urgent need for postal reform to prevent a taxpayer funded bailout of the Postal Service,” […]
WASHINGTON – Today, Homeland Security and Governmental Affairs Committee Chairman Tom Carper (D-Del.) released the following reaction to the announcement that the U.S. Postal Service lost $2 billion in the third quarter of fiscal year 2014: “The U.S. Postal Service continues to suffer unsustainable losses that threaten its long-term viability. While the Postal Service showed […]
A group of lawmakers is urging colleagues who are drafting spending bills to prohibit the U.S. Postal Service from moving forward with its plan to close 80 more processing facilities. The Postal Service announced last month that in January 2015 it would begin the previously delayed second phase of its “network rationalization” plan. Twenty-two senators […]
According to Wall Street Journal: Some critics question whether the Postal Service is charging the delivery services like FedEx, UPS and Amazon enough for the services. The flood of these packages has begun to tax the system. FedEx and UPS are moving more of their packages through the U.S. Postal Service, putting pressure on the […]
eNAPUS Legislative and Political Bulletin Six-Day Delivery Continues to Be Ground Zero It’s no secret that the US Postal Service has a decades-old desire to secure control of delivery frequency. Presently, the six-day delivery mandate is located in annual appropriations bill that, in part, provide postage subsidies to nonprofit mailers, and funds free mail-for-the-blind and […]
The Postal Service is facing “an unprecedented financial crisis” and will be unable to fix its problems unless Congress gives the organization more flexibility, a new report concludes. USPS has about $22 billion in assets and $113 billion in liabilities, including liabilities related to a law that requires the organization to “prefund” health benefits for […]