The House Committee on Oversight and Government Reform today approved H.R. 2309, the Oversight Committee Postal Reform Act of 2011 which will return the United States Postal Service (USPS) to sustainability and profitability without a taxpayer bailout. The Issa-Ross bill is the only postal reform proposal that has been successfully acted on this Congress.
"The United States Postal Service cannot become a taxpayer subsidized make-work program. To save the Postal Service, we must enact meaningful and immediate reform so we can maintain service to the American people and return it to financial solvency," said Rep. Darrell Issa (R-CA), Chairman of the House Committee on Oversight and Government Reform. "The postal service is on the brink of collapse. Today, we have acted to pass a bill and provide an immediate and viable path forward to make the postal service more efficient, protect its workforce and ultimately return it to being a profitable enterprise. The reality is that failure to act now on the Issa-Ross bill will result in an automatic taxpayer-funded bailout."
"We can no longer afford to postpone the Postal Service's day of reckoning by putting our collective heads in the sand and wishing the problem away," said Rep. Dennis A. Ross (R-FL), Chairman of the Oversight subcommittee on postal reform. "Members here today are faced with a stark choice: Are we willing to make the hard decisions necessary to save the Postal Service or will we let it crumble on our watch and potentially put this venerable institution at risk -- along with the jobs of the 8 million Americans who work in the mailing industry?"