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Postal Service Rescue Plan 2013 - New Congress, New Bailout?

By Staff
Jan 6, 2013
Should the new US Congress bail out the US Post Office?

Is there a new postal service rescue plan for 2013 with a new US Congress?

The US Post office loses a whopping $25 million per day and lost $16 billion in the last year alone and are they are seeking a bailout from the new US Congress.

"It's important that they prioritize postal service legislation," said Art Sackler, head of the Coalition for a 21st Century Postal Service, which represents mailers.

"We don't want to have it get lost again in the big shuffle."

They may not be, a Business Week report reveals.

On Jan. 3, Senator Tom Carper, a Democrat from Delaware and Representative Darrell Issa, the Republican chairman of the House’s oversight committee issued a joint statement with this key passage:

“Although the 112th Congress did not come to a consensus around a package of reforms that can update the Postal Service’s network and business model to reflect the reality that it faces today, we remain committed to working with our colleagues in both the House and the Senate to reform the Postal Service so it can survive and thrive in the 21st century. While our approaches have differed in the past, we made significant progress in narrowing our differences in recent months, and our commitment to restoring this American institution to long-term solvency is unwavering.”

More details.

Should the US Congress bail out the US Post Office?

(Image: WENN)


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