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What if the Postal Service runs out of money?

The financially collapsing USPS must pay $5.5 billion each year to prefund its retiree health benefits. There is no penalty if USPS doesn't pay, Washington Post reports. But as the nation's second largest employer, if USPS can't make the $5.5 billion payment, who can?

Tags: Must Reads , Dorobek Insider , budget , Washington Post

Wednesday - 09/29/2010, 03:34pm EDT

Carper bill allows USPS to recoup billions

A bill by Sen. Thomas Carper (D-Del.) aims to save the Postal Service from mounting debt with the POST Act.

Tags: Tom Carper , Congress , Senate , POST Act , retirement , pay and benefits , management

Friday - 09/24/2010, 12:10pm EDT

Attendance Derby: Congress vs. Feds

Congress is back in town today after an extended summer break. What it'll find, in addition to a stack of unfinished business, is the career federal workforce which has been toiling away keeping things running.

Tags: Mike Causey's Federal Report , Labor Day , Tom Glennon , unions , TSP

Friday - 09/03/2010, 04:39pm EDT

USPS tries for more service with fewer offices

A flexible, agile Postal Service will be needed to adapt to changing mailing preferences and to increase the opportunity to consolidate redundant retail facilities. Details from USPS's Mike Magalski, Director of Network Optimization.

Tags: management , Mike Magalski , OIG , Federal Drive , Suzanne Kubota

Thursday - 08/26/2010, 10:31am EDT
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Is there a solution in sight for the Postal Service's debt woes?

Learn more about a possible debt reduction option

Tags: Federal Drive , management , debt , Lorie Nelson , Vyomika Jairam

Tuesday - 08/24/2010, 10:08am EDT
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Cool Jobs: USPS preserves stamps in cave

Some call it the Ft. Knox for stamps. The Stamp Fulfillment Center is located in a cave in Missouri and houses millions of dollars in stamps. Manager Khalid Hussain explains why he thinks he's got one pretty cool federal job in this installment of our Cool Jobs in Government series.

Tags: management , Cool Jobs in Government , Khalid Hussain , Stamp Fulfillment Center , cave , Dorothy Ramienski , DorobekInsider

Wednesday - 08/11/2010, 03:10pm EDT
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Postal Service may not be able to pay 2011 bills

Despite cutting 100,000 jobs over the past two years, CFO Joe Corbett tells Federal News Radio the USPS may not be able to stay liquid much past the next year.

Tags: Federal Drive , Joe Corbett , CFO , management , Suzanne Kubota

Friday - 08/06/2010, 09:07am EDT
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USPS institutes pay freeze

Learn more about the Postal Service's efforts to curb costs

Tags: DorobekInsider , newscast , Must Reads ,

Monday - 08/02/2010, 04:24pm EDT

Postal Service worksharing outgrows its intention

Worksharing has grown so much and so fast at the Postal Service, it has created unintended consequences. We get details from Mohammad Adra is with the Office of Inspector General at the Postal Service.

Tags: Federal Drive , management , IG , Mohammad Adra , outsourcing , worksharing

Tuesday - 07/20/2010, 09:50am EDT
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Sam Pulcrano

July 12th and 14th

Given our size, we have an obligation to embrace green ways of doing business. It's our objective to ultimately become known as a world class sustainability leader.

Tags: technology , Business of Government Hour , Sam Pulcrano ,

Friday - 07/16/2010, 10:51am EDT
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