Feb. 2, 2015—Today, the Obama administration introduced its $4 trillion budget proposal for the federal government in Fiscal Year 2016, which begins on Oct. 1, 2015. The proposal outlines the president’s spending and tax priorities for the next fiscal year, as well as reform proposals for agencies such as the U.S. Postal Service. Congress is…
(September 27, 2014) The U.S. Postal Service is besieged by financial losses, and the cavalry doesn’t appear to be coming. After years of debate, Congress remains stalled on legislation to prop up an agency weighed down by heavy employee costs and still struggling to remake itself in the Internet era. Two years ago, lawmakers worked…
(August 26, 2014) Fox News’ Cashin’ In show used the U.S. Postal Service’s default on a $5.7 billion payment recently as little more than a pretext to bang the drum of privatization again. Jonathan Hoenig got the privatization ball rolling. “We should follow Europe in this case and privatize it just like postal industries in…
Leave the U.S. Postal Service alone This is in response to a letter dated Aug 15 and titled “Shut down USPS” and wondered that with a $2B loss in one quarter and nothing is being done. There is a reason for this loss. In 2006, an absurd law (PAEA) was passed ordering the USPS to set…
(August 12, 2014) The Postal Service, lawmakers and postal unions are still butting heads over whether the improving financial situation at the agency undermines the argument for expansive postal legislation. The Postal Service saw its operating revenue increase by more than $327 million over the same time last year led by an increase in packages,…
Web News Article #: 149-14 08/11/2014 – USPS management is doing its best to keep the good news quiet, but facts are facts. According to reports released by the USPS on Aug. 11, as of June 30, three-quarters of the way through Fiscal Year 2014: Operating income was up by about $1 billion over the…
Aug. 11, 2014—Statement from National Association of Letter Carriers President Fredric V. Rolando, on today’s U.S. Postal Service report for the third quarter of Fiscal Year 2014: “The figures released today by the Postal Service show an operating profit of slightly more than $1 billion for the first three quarters of Fiscal Year 2014, continuing…
(July 26, 2014) Two years ago, conventional wisdom in Washington, D.C., was still mostly that the United States Postal Service was doomed. People knew the Internet was killing the USPS. Period. End of story. Letter carriers, through the National Association of Letter Carriers, have battled this conventional wisdom in our media and via lobbying activities….
