Sen. Carper Statement on Most Recent USPS Financial Losses

WASHINGTON – Today, Sen. Tom Carper (D-Del.), chairman of the Senate subcommittee that oversees the U.S. Postal Service, released the following reaction to the announcement that the U.S. Postal Service lost $3.1 billion this quarter:

“While today’s announcement that the U.S. Postal Service lost $3.1 billion in the last three months is disappointing, it does not come as a surprise. Our troubled economy – coupled with the continued migration to electronic forms of communication – is putting the future of the Postal Service in jeopardy, and it’s happening faster than expected. Putting the Postal Service back on stronger financial footing is something I’ve been trying to do for a long time now, and my comprehensive postal reform bill takes the necessary steps to help keep the Postal Service solvent.

“My bill, the Postal Operations Sustainment and Transformation (POST) Act of 2011, would give the Postal Service the room it needs to manage itself and avoid becoming the latest victim of Congressional gridlock. It would also address the Postal Service’s massive overpayments to the older Civil Service Retirement System and would ensure that the Postal Service has the resources it needs to meet its future retiree health care obligations. My bill requires all parties – postal management, employees and customers – to make sacrifices. It also gets Congress out of the way by providing the flexibility and tools necessary to address the problems plaguing the Postal Service in an effective way.

“The U.S. Postal Service is sinking quickly, and if we do nothing, we face a future without the valuable services the Postal Service provides. We have the opportunity to keep it afloat, but we must act now. I urge Congress and the Administration to join me in pushing for this much-needed reform so we can prevent the Postal Service from going broke by the end of the year.”

8 thoughts on “Sen. Carper Statement on Most Recent USPS Financial Losses

  1. No, MY Tea Party will fix everything! Make it illegal to be a non-Republican, illegal to be Mexican, and then I believe the world will be perfect!

  2. Miss Ross is correct 100%. You just can’t trust a two faced Democrat…. That’s why my Tea Party will fix everything!

  3. I believe it was Senator Carper who a couple of years ago had a bill called the Postal Reform Act. That is still in play for the U S Postal Service as of this date. Senator Carper bill was to make the postal service fundamentally solvent. WHAT HAPPEN ? Now, Senator Carper wants another bite of the apple with his (POST) Act 2011. Right after the circus that just happen in the halls of the U S Congress on both sides of the spectrum. Which has caused the United States to go from triple A credit rating to a double A credit rating. I strongly place fault on the shoulders of of Senator Carper and the political partys of the Teaparty, Republicans and Democrats. That have made a career of becoming members of the good old boys moneybags private club, by snow balling the American people with their tactics of try this or that and see if it sticks to the walls. I do hope that President Obama veto’s the bill until a full investigation of all the facts are place on the table from the experts that do not have offices in the U S Congress. If you leave it to old dinosaurs such as Senator Carper that wants to make his millions by lobbyist that bare gifts. They will have the American people back in the stoneage utilizing pigeons and smoke signals. Just to say, “what up” ?

  4. Good thing the real Ben Franklin wasn’t an idiot like you. All the money being “lost” is because of 2006 Postal “Reform”. The federal USPS owes the fed. It’s a shell game.

  5. S. 1010 – The “POST Act,” introduced by Sen. Tom Carper (D-DE) on May 17, would address the Postal Service’s pre-funding requirement by allowing the USPS to use overpayments to its pension accounts to meet the prefunding obligations. It would also allow the USPS to expand its service to customers by providing additional retail services and by shipping beer and wine. However, Carper’s bill also includes several negative aspects: The proposed legislation would give the Postal Service authority to close post offices solely for financial reasons, and would require arbitrators to consider the financial health of the USPS when contract negotiations end in arbitration.

  6. back when I was PMG, we didn’t have all of these screwed up rules that the union enforces to make more money.

  7. It all sounds good, but I just don’t trust you administrative/congresstional people who are trying to fix the us postal sevice. Especially, when your not listening to what the postal authorities/upwu are saying to you. We don’t need outside interference working against us. We eat ,drink, and sleep post office. Wer’e on the inside, your on the outside looking in. You really think you know what needs to be done to fix the problem. Your only hurting the american people who need the postal service to conduct their personal bussiness. All you congress guy,s with your paper and erasers,” lets iliminate here and lets delete there and this will make us look worthy. ” Remember Sir’s, you have real people working for the US Postal Service and lets not forget our military veterans and disable veterans as well. Lets trouble shoot instead of cut,cut. Thank you.

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