WASHINGTON — Today, Chief Human Resources Officer and Executive Vice President Jeffrey Williamson testified before the United States House of Representatives Subcommittee on Federal Workforce, U.S. Postal Service and the Census during a hearing titled “At a Crossroads: The Postal Service’s $100 Billion in Unfunded Liabilities.”
GAO: Action Needed to Address Unfunded Benefit Liabilities USPS continues to be in a serious financial crisis, with insufficient revenue to cover its expenses and financial obligations as the volume of USPS’s most profitable product, First-Class Mail, continues to decline. At the end of fiscal year 2013, USPS had about $100 billion in unfunded liabilities: […]
Congressman Darrell Issa (R-CA) has scheduled another hearing to examine the US Postal Service. Witnesses testifying at hearing: • Mr. Frank Todisco, Chief Actuary, U.S. Government Accountability Office • Mr. Jeffrey Williamson, Chief Human Resources Officer and Executive Vice President, U.S. Postal Service • Mr. Robert Moss, Chief, Budget and Resource Management, Defense Health Agency […]
It’s déjà vu all over again March 5, 2014—As it has for the past four years, the Obama administration’s budget proposal for 2015 defers to the misguided wishes of Postmaster General Patrick Donahoe by calling for the end of Saturday mail delivery and for allowing the Postal Service to “begin shifting to centralized and curbside […]
The U.S. Postal Service is one of our most popular and important government agencies. It provides universal service six days a week to every corner of America, no matter how small or remote. It supports millions of jobs in virtually every other sector of our economy. It provides decent-paying union jobs to some 500,000 Americans, […]
This morning, President Obama released his Fiscal Year 2015 budget, which endorsed the Postmaster General’s proposed plan to eliminate six-day mail delivery. The following is a statement released by Jeanette Dwyer, President of the National Rural Letter Carriers’ Association: “The Administration’s budget released today simply misses the mark when it comes to solving the current […]
video platformvideo managementvideo solutionsvideo player USPS to keep Roanoke distribution center open, leaders say
Members of the Senate Homeland Security and Governmental Affairs Committee marked up legislation to reform the U.S. Postal Service and get it out of debt.?Following a lengthy debate and vote against Senator Rand Paul’s amendment to allow guns inside post offices, senators voted in favor of Senator Mark Begich’s amendment that would allow firearms in […]
USPS Sets the Record Straight Does legislation pending in the U.S. Senate designed to reform current postal laws give USPS “unchecked, unprecedented power to charge Americans whatever it wants for its services?” The answer is no, of course not. But this assertion was made by the Association of Magazine Media’s CEO, Mary Berner, in an […]
The Postal Service incurred a net loss of $354 million for the first quarter of the year, which includes $1.4 billion of expense accrued for the legally-mandated prefunding payment for retiree health benefits WASHINGTON — The U.S. Postal Service ended the first quarter of its 2014 fiscal year (Oct. 1, 2013 – Dec. 31, 2013) […]