Monday, November 26, 2012

MPA Calls on Congress to Act on Postal Reform

The stakes are dire. The USPS reported a $15.9 billion net loss for the fiscal year that wrapped up Sept. 30, over two-thirds of which came from required payments to fund future retiree health benefits. For over a year now, Congress has put off passing reform. With the "fiscal cliff" negotiations now a priority, it may not happen before the new Congress is installed next year. Folks like D. Eadward Tree at the blog Dead Tree Edition are understandably cynical about the whole process. 
The USPS has long been caught in the middle between its desire to implement private-sector style reform and its status as a government agency expected to serve all while funding its own operations.