Postmaster General Comments on Postal Reform

http://whattheythink.com/news/64520-postmaster-general-urges-congress-fix-postal-service-business-model-address-marketplace-realities/

Postmaster General Patrick R. Donahoe told a House committee today the Postal Service continues to face systemic financial challenges because it has a business model that does not allow it to adapt to changes in the marketplace and it does not have the legal authority to make the fundamental changes that are necessary to achieve long-term financial stability.
The Postal Service’s legislative requirements, as part of its Five-Year Business Plan, include:
Require USPS Health Care Plan (Resolves Retiree Health Benefits Prefunding Issue)
Refund FERS Overpayment and Adjust Future FERS Payment Amount
Adjust Delivery Frequency (Six-Day Packages/Five-Day Mail)
Streamline Governance Model (Eliminate Duplicative Oversight)
Provide Authority to Expand Products and Services
Require Defined Contribution Retirement System for Future Postal Employees
Require Arbitrators to Consider Financial Condition of Postal Service
Reform Workers’ Compensation

http://whattheythink.com/news/64531-printing-industries-america-urges-action-postal-legislation/

Michael Makin, President and CEO of Printing Industries of America, today issued the following statement at the conclusion of the U.S. House of Representatives Committee on Oversight and Government Reform’s hearing titled “A Path Forward on Postal Reform.”

http://www.dmnews.com/the-postmaster-general-takes-issa-to-task/article/303491/

Donahoe weighs in on postal reform proposals.

Postmaster General Patrick Donahoe today approached the House committee preparing a postal reform bill with one overriding question: “Does it enable $20 billion in savings by 2016?” 
Rep. Darrell Issa (R-CA), the chairman of the House Oversight and Government Reform Committee, issued a “discussion draft” of a postal reform bill in May that included compromises he hopes will win bipartisan approval.