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Search Tags: Fred Rolando
The Postal Service is on Capitol Hill today pitching its strategy to withdraw employees from the federal health insurance program.
The U.S. Postal Service and the two major Postal unions have agreed to extend the deadline for negotiating a new labor contract until Dec. 16. It is now the second extension agreed to by USPS and the two unions — the National Association of Letter Carriers and the National Postal Mail Handlers Union. The initial deadline for labor negotiations was Nov. 20, which was then extended until midnight Wednesday.
None of the legislation moving through Congress would provide the Postal Service the speed and flexibility it needs to cut annual costs by $20 billion, Postmaster General Pat Donahoe said Monday. He said they would give USPS "a couple of years of profitability and at least many decades of steep losses." He argued for quicker resolution to the agency's cash crisis.