Only "serious" cutbacks can save US Postal Service, says Issa
Only “serious” cost-cutting structural reforms can save the US Postal Service, said the Chairman of the US House of Representatives Oversight Committee, Darrell Issa, on Friday.
Read MoreTag: Senator Carper
Donahoe: USPS could default on operational expenses
US Postmaster General Pat Donahoe said today in the US Senate that the US Postal Service could be forced to default on other financial obligations beyond payments to the federal government.
Read MoreUSPS has work to do as postal reform returns to US Senate
The Deputy Postmaster General of the United States said yesterday he was “cautiously optimistic” that Congress will act to respond to US Postal Service budget problems.
Read MoreSenator calls for USPS reforms to tackle pension overpayments
US Senator Tom Carper has said more needs to be done to stabilize the “precarious” financial situation at the US Postal Service, beyond the proposals in yesterday’s Presidential Budget.
Read More$53bn USPS pre-funding reforms gain bipartisan support
Republican senator Susan Collins has put forward a bill seeking reforms of the US Postal Service, including correction of a $53 billion “error” in its pension arrangements.
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