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Senators Call on Congress to Help Save Postal Service

June 4, 2012 by Alyssa Anderson in Business

In a letter urging the House of Representatives to pass the Postal Service Act, Senators Joe Lieberman (I-Conn.), Susan Collins (R-Maine), Tom Carper (D-Del.) and Scott Brown (R-Mass.), co-authors of the bill, say that without this legislation the US Postal Service is in serious trouble.

The bill has already received bi-partisan support and passed the Senate, and now only needs to pass in the House to become law.

The Postal Service is in deep trouble, the senators state, due to competition from the internet, the weak economic recovery, and the high cost of labor.  In the past two years the service has lost about $13.6 billion, and it won’t take long before it reaches its credit limit of $15 billion with the Treasury Department. The senators claim that without new legislation that restructures the Postal Service, this universal mail service which supports a $1 trillion mail delivery industry plus over 8 million jobs, will be at risk.

The senators go on to say that the bill that passed the senate represents an unusual event in Washington politics; that is bi-partisan support. It is a compromise in which no one got everything they wanted, but it nevertheless puts the Postal Service in the direction of recovery and financial responsibility, hopefully allowing the service to exist for many years to come.

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Alyssa Anderson

About Alyssa Anderson

Alyssa Anderson has been involved in the world of business on several levels for many years. She was the CEO of a start-up high-tech company until its purchase by a global on-line e-business. Alyssa helped formulate marketing strategies for several other companies as an independent consultant, and she has advised local government on methods to achieve appropriate fiscal responsibility. Her opinions are well known through her many editorials which have been published throughout her career in a variety of local and national print media. She has been heard on radio discussing current issues affecting the business community and Alyssa hopes to bring her special brand of commonsense coupled with uncanny insight into her editorial responsibilities as the Business Page editor for Left Justified. Contact Alyssa at alyssa(at)leftjustified.com.

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