to deliver or not to deliver
Wa The head of the agency this regulates the post office problems the need to eliminate Saturday mailbox delivery even as the postmaster typical is pressing skeptical lawmakers to approve the plan.
"Today, we stand on the brink of monetary insolvency," Postmaster General Ruben Potter told the House Board on Oversight and Govt Reform on Thursday. "The method Americans communicate has changed dramatically Nike Air Max Thea Black and we've got to change about it."
But Ruth Y. Goldway, chairman of the Nike Free Runners Online Nz independent Postal Regulation Commission, said the postal service should find new methods to meet the country's needs as an alternative to beginning with the idea that it needs to make cuts.
Two things they do agree on: The post office is actually facing a financial Nike Store Onehunga.html crisis along with a big part of that problem sits with payments to its retirement living and retiree health care capital.
Battered by loss of email to the Internet for both personal marketing communications and bill payments, the actual post office lost $3.8 mil last year and is facing actually larger losses this year.
Your post office has cut a large number of jobs in recent years and Knitter has announced a plan to make other savings by in search of permission to eliminate Saturday shipping and delivery and reducing payments to be able to retiree funds.
The postal inspector general has figured out the agency has been required to overfund give up Cheap Polo Shirts Nz work pension benefits by $75 thousand.
In addition, the post office is needed to prepay billions into Nike Sb Janoski Nz a pay for for retiree health care rewards, a payment that Phillip Herr of the Government Accountability Office confirmed is not needed of any other federal firm, nor of large businesses.
"Over yesteryear three years, the Postal Service has paid $15.4 billion dollars to Treasury to prefund future retiree health benefits. During that same occasion, the Postal Service obtained more than $8 billion from Treasury so that it could make those payments,In . Goldway said. "Borrowing by the Postal Want to make the payments does not be the better choice."
Only Congress can easily eliminate the requirement for the payments, along with under the law Cheap Pandora Beads when the two does borrow it must apply it from the Treasury.
In addition, because the prepayments of health benefits into a federal provide for are counted as revenue in the federal budget, getting rid of them would have the effect of creating the federal deficit appear more substantial.
Rep. Carolyn B.
Potter asserted could be done in the short run, but added that possibly be believes that in the long run the frequency of mail delivery will need to decline.
Now is the best time to generate that change, he said, simply because thousands of postal workers are slated to retire in the next few years, meaning the staff cuts with the reduced service could be refrained from having to layoff any career workers.
If the retirements come without having a reduction in service, new mail workers will have to be hired plus a later cutback could force layoffs.
Goldway, though, insisted that "the Mail Service should reposition its aims to meet the needs of an developing society" rather than beginning with the premise the it needs to be cut in size as well as Replica Ray Bans Wayfarer scope to solve the shortage projections.
Potter told the committee that his firm is, in fact, seeking completely new sources of business, but getting in major areas would require more capital spending and risk than the agency can handle right now.
He did note that this post office recently reached a partnership with the Hallmark Company to feature prepaid postage on the envelopes so that when someone buys a greeting card they get the postage with it.
Potter also famous post offices handle passport applications and could become Buy Ray Bans Online core locations for a variety of government companies.
And he has also suggested supplying postal services in destinations such as office supply stores and markets instead of particular person post offices across the country.
That idea did not sit well with Goldway, who commented: "Ask the small villages of America if they think federal government business should be conducted throughout Walmarts."
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