GAO: Comprehensive US Postal Reform ‘Urgently Needed’
In a letter to Senate Governmental Affairs Committee Chairman Susan Collins reported the General Accounting Office (GAO) Thursday agreed with her assessment that comprehensive,not incremental,postal reform is needed to ensure the US Postal Service’s future viability. Senator Collins’ committee, which has jurisdiction over the USPS, has been leading the drive for postal reform, and she plans to introduce bipartisan reform legislation with Sen. Tom Carper later this year. During several Governmental Affairs Committee hearings on postal reform, Collins has pointed out the important role the USPS plays in the US economy. The USPS is the 11th largest enterprise in the nation and accounts for nearly 9 percent of the country’s gross domestic product. It also employs more than 730,000 career employees, and is the linchpin of a USD900 billion mailing industry that employs nine million Americans in diverse fields. “There is no question about the need for postal reform,” Collins said. As the comptroller general has confirmed to me, Congress must act or risk disaster.”
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