USPS overpays $75 billion into a retirement fund but the Republicans refuse to let them have the money back into the postal operating fund. Congressman DeFazio rightly suggests the US Postmaster be fired forthwith for having a failure of imagination and rightly derides the White House for not weighing in on the critical matter of maintaining a strong and functioning postal service for any developed nation.
Read more here
The cash-strapped U.S. Postal Service on Monday moved forward with plans to end next-day delivery of letters, postcards and other First Class mail.
Also, in a notice filed with its regulator, it sought approval to close more than half of its 461 processing facilities that have been critical for next-day delivery service.
The agency expects to eliminate about 28,000 jobs as part of the processing facilities plan, said David Williams, USPS vice president for network operations.
The Postal Service, which has been struggling to offset tumbling mail volumes and billion-dollar annual losses, first announced in September that it would study 252 processing sites for possible closure in 2012.
The agency is looking to find $20 billion in annual savings by 2015. It sees reducing its network of post offices and processing plants as key to adjusting as consumers increasingly pay bills online and correspond by email.
Plans to shrink the network would save about $3 billion, officials say.
I called Peter to thank him for this speech. I don’t agree with Gene that he has failed us on the Port agenda. He needs to hear from more of us about that particular mess. I don’t always agree with Peter, but he has me about 90 percent of the time, and I am thankful that a man of his integrity represents me in Congress.
I’m not a fan of peter’s, but I liked what he said here, and his last comment of universal health care was spot-on.
To bad he’s failed us with the oil/gas/coal business.