The Senate passed legislation this week to preserve post office services as the agency faces financial problems. The 37th Postmaster General, Patrick R. Donahoe, joins us this week on Newsmakers.
He discusses the Senates bill, if and when it will move forward in the House and changes the agency plans to make in the future with regards to consolidation of post offices. He also talks about an array of options for restructuring the national mail system, which is losing $25 million per day.
Our guest reporters are Bernie Becker of The Hill and Michelle Jamrisko of Bloomberg News.
The Senate on Wednesday passed a bill to postpone for one year the Postal Service’s own plan to save money by closing 3,700 post offices and consolidating hundreds of processing centers. The bipartisan Senate bill aims to save money through early retirements of some 100,000 employees, and it would restructure the USPS health care benefit system.
The House has not yet acted, and most Democrats there oppose a proposal by Rep. Darrell Issa for a commission that would close many post offices and processing centers.
The Postmaster General says he needs to cut $22 billion in operating costs by 2016. His plan calls for ending Saturday mail service, overnight mail, and shutting many post offices.