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Post office posts $1.9 billion second quarter loss
The U.S. Postal Service said Friday it lost $1.9 billion over the last three months and warned that losses would continue to mount without help from Congress. The loss for the financial quarter ending March 31 was narrower than a $3.2 billion loss for the same period last year, thanks to slightly higher revenues and lower payments towards health benefits for workers who will retire in the future.
Tags: Pat Donahoe , Joe Corbett
Donahoe: Postal Service bailout looms if Congress doesn't act quickly
If Congress doesn't pass comprehensive postal reform legislation soon, it could find itself forced to bail out the financially troubled U.S. Postal Service to the tune of billions of dollars, said Postmaster General Pat Donahoe. The postmaster general said in a speech at the National Press Club he's optimistic Congress will pass postal reform legislation this year.
Tags: Pat Donahoe , Congress , postal reform , Saturday delivery , Jack Moore
Postal Service's 'broken business model' under fire but solutions scarce
Postmaster General Pat Donahoe told the House Oversight and Government Reform Committee Wednesday that the Postal Service is operating under a "broken business model." But cost-saving efforts, such as ending Saturday delivery and modifying a multibillion dollar requirement to prefund future retirees health care costs, garnered little agreement among lawmakers.
Tags: Congress , House , House Oversight and Government Reform Committee , Frederic Rolando , NALC , Pat Donahoe , Gene Dodaro , Jack Moore
Postal Service backs down on ending Saturday mail
The U.S. Postal Service has reversed its decision to end Saturday mail delivery service, saying Congress gave it no choice when it passed a 2013 appropriations bill last month that continued a ban on five-day delivery.
Tags: Congress , House , budget , mail delivery , Darrell Issa , Tom Carper
Feds helping furloughed feds
Federal Employee Education and Assistance Fund Executive Director Steve Bauer, and Sean Reilly from the Federal Times, will discuss furloughs, and their impact on feds.
April 3, 2013
Tags: pay and benefits , furloughs , sequestration , Steve Bauer , FEEA , Sean Reilly , Federal Times , postal downsizing , Saturday delivery , Mike Causey , Your Turn
New data analytics tool gives Postal Service IG head start on cases
Bryan Jones, the director of the Counter Measures and Performance Evaluation (CAPE) team in the U.S. Postal Service's Office of the Inspector General, said the development of a dashboard to help investigators visualize data more easily helped overcome initial resistance to these kinds of tools.
March 28, 2013
Tags: Ask the CIO , Jason Miller , data analytics , USPSOIG , performance evaluation , technology , big data , Bryan Jones
Furloughs, sequestration, and five day delivery
AFGE's J. David Cox, and Federal Times Senior Writer Sean Reilly will talk about the impact of sequestration and the possiblity that federal workers will be furloughed.
March 27, 2013
Tags: pay and benefits , J. David Cox , AFGE , DoD , sequestration , furloughs , Federal Times , Sean Reilly , budget battle , continuing resolution , Saturday delivery , Mike Causey , Your Turn
Debate rages over USPS delivery changes
The cash-strapped U.S. Postal Service announced last month it would end Saturday delivery of first-class mail. But a new legal decision from the Government Accountability Office seemed to offer more questions than answers.
Tags: Congress , House , Senate , Darrell Issa , Tom Coburn , Gerry Connolly , Jack Moore
Shutdown averted, pay freeze extended as Congress passes 2013 funding bill
The House voted today to approve a measure to fund federal agencies through the remainder of fiscal 2013. The bill averts a government shutdown but extends the freeze on federal employees' pay through the end of 2013. The bill now heads to President Barack Obama for his signature.
Tags: 2013 budget , sequestration , Congress , House , Senate , Barbara Mikulski , pay freeze , appropriations , Jack Moore
Postal Service reform finds new life on Capitol Hill
Real reform for the U.S. Postal Service may be gaining some steam in Congress. Rep. Blake Farenthold (R-Texas), the new chairman of the House subcommittee that oversees the Postal Service, tells Federal News Radio, House leadership sees room for compromise with Democrats when it comes to figuring out ways to get USPS back in the black. Farenthold supports the Postal Service's plan to eliminate Saturday mail delivery.
Tags: Congress , House , postal reform , Blake Farenthold , Dennis Ross , Gerry Connolly , Claire McCaskill , Patrick Donahoe , Stephen Lynch , Sean McCalley , Jason Miller
