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Search Tags: USPS
Rep. Darrell Issa (R-Calif.), chairman of the Oversight and Government Reform Committee, released long-anticipated legislation Friday aiming to reform the finances of the ailing U.S. Postal Service. Issa updated an earlier discussion draft of his bill with several proposals originally floated by Democrats.
In the past few weeks, competing draft proposals have been circulating on Capitol Hill. But at a House Oversight and Government Reform Committee hearing Wednesday, Chairman Darrell Issa (R-Calif.) took a step toward compromise. Issa agreed to make changes to his draft plan, including adopting several measures proposed by Ranking Member Elijah Cummings (D-Md.) in postal reform legislation he separately introduced Wednesday.
After an OSHA investigation found USPS electrical work violations, USPS agreed to agencywide changes in electrical work safety and training.
Public policy specialist Michael Kubayanda said the Postal Service would improve its partnerships with the private sector by creating a central office. USPS has a number of partnerships in different areas, including merchandise and real estate.
USPS issued final determinations Wednesday to close three Capitol Hill post offices by July 21, which is expected to save about $2 million over the next 10 years. That's only a drop in the bucket in the agency's stretched-thin budget, but top House Republicans on the Administration and Oversight and Government Reform Committees hailed the move for sending a strong message.
USPS Chief Sustainability Officer Thomas Day said the service is on target to reach many of its sustainability goals for 2015. USPS said the decline in mail volume led to the consolidation of mail distribution centers.
House Oversight and Government Reform Committee Chairman Darrell Issa (R-Calif.) released a draft postal reform bill that supports ending Saturday mail delivery and would modify how the agency pre-funds retiree health-care payments that now threaten to sink the agency into financial insolvency. Congressional postal reform efforts have remained dormant so far this year, even as the Postal Service's financial outlook has worsened.
The cash-strapped Postal Service has proposed a number of service and delivery changes to right its financial ship and says it needs more timely decisions from the commission to implement them. The commission has been criticized in the past for taking too long to issue its opinions. Of the five major cases brought before the commission since 2006, three took more than eight months to complete and one took nearly a year, according to PRC.
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.
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.