Postmaster General Cave-in on Postal Reform Paves Way for Taxpayer-Funded Bailout
WASHINGTON- Oversight and Government Reform Committee Chairman Darrell Issa, R-Calif., and Oversight Postal Subcommittee Chairman Dennis Ross, R-Fla., issued the following statement on today’s announcement that USPS would be delaying necessary cost-cutting reforms:
Statement of Chairman Issa and Subcommittee Chairman Ross
“Once again, the Postmaster General has caved to political pressure. Postal losses now total over one billion dollars per month. This delay hastens the crisis that is bringing USPS to the brink of collapse and raises serious questions as to whether current postal leadership is up to the job. Despite its denials, it is very clear that the Postal Service wants a bailout that will cost taxpayers tens of billions of dollars. To avert this outcome, we must pass comprehensive legislation that precludes political interference by self-serving postal unions, special interest groups, and members of Congress.”
The House Oversight Committee has approved H.R. 2309, the Issa-Ross Postal Reform Act of 2011, the only comprehensive postal reform legislation that will return the Postal Service to solvency, free it from political interference, and prevent a taxpayer funded bailout of USPS.