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9:09 pm, December 20, 2014

USPS News

Tuesday morning federal headlines - Sept. 13

On today's Federal Drive: some agencies have netted extra cash from governmentwide acquisition contracts and furloughed FAA workers won't receive back pay under the latest House FAA funding reauthorization.

Tuesday - 09/13/2011, 08:08am EDT

Lonely Fed ISO Good News

If you are looking for good news you've come to the wrong place, Senior Correspondent Mike Causey says. It seems that while Congress and the White House say that creating jobs is the nation's top priority, the second largest federal agency hopes to shed a third of its workforce and 70,000 federal contractors were sent on unpaid furloughs this year.

Tuesday - 09/13/2011, 02:01am EDT

Bill gives USPS 90-day extension to make FERS payment

A bill introduced in the House would give the Postal Service a 90-day extension to the Sept. 30 deadline to make a $5.5 billion pre-payment to its retiree health benefit fund.

Monday - 09/12/2011, 04:27pm EDT

GAO: Congress must act fast to stave off USPS bankruptcy

If the Postal Service were a business, it would be facing the equivalent of Chapter 11 bankruptcy. USPS lost $20 billion in last five years, and it is on track to lose more than $6 billion this year. GAO evaluates the state of the Postal Service and what needs to be done in the short-term by Congress.

Monday - 09/12/2011, 02:08pm EDT
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Carper urges Obama to save the Postal Service

Sen. Tom Carper (D-Del.) sent a letter to the White House urging President Obama to act now to save the cash-strapped Postal Service. The administration said it would propose reforms in the $1.5 trillion deficit reduction package it sends to Congress.

Friday - 09/09/2011, 05:49pm EDT
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Postal Reform: Lobster or Road Kill?

Is the proposed reform of the US Postal Service the equivalent of dining on lobster or road kill, Senior Correspondent Mike Causey ponders. The battle is heating up and each side is warning that the end is near ...

Thursday - 09/08/2011, 02:01am EDT

Postal Service warns Senate of dire finances

Postmaster General Patrick Donahoe warned senators that the Postal Service would stop delivering mail by next August unless Congress authorizes sweeping changes. After paying October's bills, Donahoe said the agency would have a week's worth of cash left. Meanwhile, the White House said it would propose reforms soon.

Wednesday - 09/07/2011, 10:00am EDT
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Wednesday morning federal headlines Sept. 7

On today's Federal Drive, Postmaster General Patrick Donahoe has asked Congress for more flexibility in its finances to stave off an impending default and the chief designer of the General Services Administration's Networx telecommunications program announced he'll leave early next year.

Wednesday - 09/07/2011, 08:36am EDT

Tuesday morning federal headlines Sept. 6

On today's Federal Drive: Veterans Affairs announced it will release its open-source EHR code, SSA announces new rules on banned visitors and the USPS prepares to testify about its dire financial straits.

Tuesday - 09/06/2011, 08:30am EDT

Senate to focus on Postal Service's dire straits

Ahead of a Senate hearing Tuesday on the Postal Service's financial woes, the National Association of Postal Supervisors is urging senators to change the USPS' payment schedule for retiree health care. The union said it would oppose the elimination of Saturday delivery and other legislative proposals.

Thursday - 09/01/2011, 06:03pm EDT

Tuesday morning federal headlines - August 30

On today's Federal Drive: The deadline to transition to GSA's Networx telecommunications contract is approaching, an assessment of DHS 10 years after 9/11 and a preview of upcoming legislative battles as Congress prepares to return from recess.

Tuesday - 08/30/2011, 08:11am EDT

Labor: No workers' comp for feds if USPS defaults

The Labor Department warns it won't be able to make workers' comp payments to federal employees if the Postal Service fails to make a $1.2 billion payment by October.

Monday - 08/29/2011, 05:47pm EDT

IG: Postal Service improperly records 'stand-by time'

Unionized employees are entitled to be paid while in the facility during low-volume mail times, equipment breakdowns or other unexpected events.

Monday - 08/29/2011, 12:21pm EDT

Friday morning federal headlines - August 19

On today's Federal Drive: OMB's budget guidance calls for cuts to agency spending, the SEC is hit by allegations of destroying documents and the USPS begins negotiating with two postal unions.

Friday - 08/19/2011, 08:26am EDT

USPS puts cuts to labor on bargaining table

The Postal Service has begun contract negotiations with the National Association of Letter Carriers and the National Postal Mail Handlers Union. Last week USPS said it would ask Congress to let it break union contracts in order to lay off workers and take control of its health care and retirement plans.

Thursday - 08/18/2011, 07:51pm EDT

Postal Service plans to cut 220,000 jobs

Postal officials said 100,000 job cuts would come from attrition. For the remaining 120,000 career positions, the agency will ask Congress to eliminate layoff protections in postal collective bargaining agreements. That idea does not sit well with labor unions.

Friday - 08/12/2011, 03:52pm EDT
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Postal Service considers cutting 120,000 jobs

Facing a second year of losses totaling $8 billion or more, the agency also wants to pull its workers out of the retirement and health benefits plans covering federal workers and set up its own benefit systems. Congressional approval would be needed for these changes.

Friday - 08/12/2011, 01:09pm EDT
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Friday morning federal headlines - August 12

On today's Federal Drive: USPS announced it's considering massive job cuts, Veterans Affairs large-scale IT contract under siege from bid protests and expanded benefits to the post-9/11 GI Bill.

Friday - 08/12/2011, 08:20am EDT

Postal Service: Out of cash next month

Postal Service officials said they will be insolvent by the end of September unless Congress gives them more control and flexibility over their finances. The USPS board of governors met Friday as the organization reported a third-quarter loss of $3.1 billion.

Monday - 08/08/2011, 06:06am EDT
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Commission begins review of USPS closures

The Postal Regulatory Commission is scheduling public hearings on the Postal Service's plan to consider shutting down nearly 3,700 post offices nationwide.

Friday - 07/29/2011, 10:45am EDT
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