OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Ross Statement on 2nd Quarter USPS Losses

Statement

Date: May 10, 2012
Location: Washington, DC
Issues: Infrastructure

Today, Congressman Dennis A. Ross (R-FL), Chairman of the Federal Workforce, Postal Service & Labor Policy Oversight issued the following statement in response to the United States Postal Service announcement that it lost $3.2 billion in the second quarter of this fiscal year- $1 billion more than the same quarter last year:

"The Postal Service continues to lose money at a staggering rate of $25 million a day. Today's announcement is yet another clear example that Congress needs to put the public interest ahead of special interests, and let USPS adapt to the changes the American people have already made. Unfortunately, the recent Senate-passed bill would actually make things worse for the Postal Service -- because it will stop USPS from almost all necessary cost-cutting measures. With USPS running out of cash, Congress must be willing to make hard decisions to let USPS modernize. Only the House bill allows this to happen."


Source
arrow_upward