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Search Tags: USPS
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.
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.
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.
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
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