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Search Tags: Ruth Goldway
The Postal Regulatory Commission has criticized the Postal Service's proposal to consider closing more than 3,600 post offices as part of its plan to avoid a projected $14 billion loss this year. The plan is causing anxiety in communities that depend on their post offices and it would not save that much money, PRC Chairman Ruth Goldway told Federal News Radio. The commission will be watching the agency's cash flow closely in the coming months.
Rep. Darrell Issa (R-Calif.) said he wants to give the struggling Postal Service more flexibility to act like a private business, including the ability to force retirement-eligible employees to step down. Meanwhile, the Postal Regulatory Commission worries the Postal Service is losing sight of its public mission.
The Postal Service is reeling from the decision by the Postal Rate Commission not to increase the price to mail a letter. USPS was hoping to use the rate hike to help close the $7 billion deficit it faces this year. The service continues to face reduced volume, more people using the Internet and legal barriers to changing key parts of its business mode.