November 12, 2010

GOP Rep. Issa to Push for Postal Service Changes

Rep. Darrell Issa, Republican of California, who is set to become chairman of the Oversight and Government Reform Committee in the next Congress, said on Friday that he would push for major changes at the Postal Service, which has announced an $8.5 billion annual loss.

“This loss only underscores the urgent need for the Postal Service to trim its operating costs to match revenues,” Mr. Issa said in a statement. “Congress has an obligation to ensure that effective solutions are implemented and taxpayers don’t get stuck paying for a bailout.”

Mr. Issa has long warned that ongoing losses by the Postal Service could force taxpayers to “bail out” the agency, which by law is supposed to be self-funded.

He has cited the need to downsize the labor force and reduce costs to reflect declining demand and new market conditions

New York Times

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