Bill to address current financial problems with long-term solutions WASHINGTON – Today, Sen. Tom Carper (D-Del.) introduced the Postal Operations Sustainment and Transformation (POST) Act of 2010. The POST Act addresses the current budget issues plaguing the U.S. Postal Service by proposing a series of provisions including: easing postal employee pension and retiree health costs; […]
REPLY OF INTERVENOR NATIONAL ASSOCIATION OF LETTER CARRIERS, AFL-CIO TO COMMENTS OF AFFORDABLE MAIL ALLIANCE AND SENATOR COLLINS The AMA argues that the price-cap regulatory system established by the Postal Accountability and Enhancement Act (“PAEA”) will be “dead” if the Commission interprets the exigency clause in 39 U.S.C. §3622(d)(1)(E) to apply to the circumstances currently […]
Senator Susan Collins issued the following press release: SENATOR COLLINS AGREES WITH ARGUMENTS IN MOTION TO BLOCK PROPOSED POSTAL RATE HIKES Collins Backs Position taken by the Affordable Mail Alliance WASHINGTON, D.C. – U.S. Senator Susan Collins, Ranking Member of the Senate Homeland Security and Governmental Affairs Committee and author of the landmark postal reform […]
Burrus Update 12-2010, July 21, 2010 In a series of recent Updates for union members, I have pointed out that the Postal Service’s current financial difficulties are the result of the Postal Accountability and Enhancement Act of 2006 (PAEA), which imposed on the USPS the onerous burden of pre-funding future retiree healthcare liabilities — in […]
NATIONAL ASSOCIATION OF POSTAL SUPERVISORS LEGISLATIVE AND REGULATORY UPDATE JULY 22, 2010 POSTAL FINANCIAL REFORM BILL CLEARS FIRST HURDLE The House postal oversight subcommittee on Wednesday approved legislation to stabilize the finances of the Postal Service by reversing billions of dollars overpaid by USPS into the government’s civil service pension fund and shifting those payments […]
The office of Sen. Thomas Carper, D-Del., issued the following news release: WASHINGTON,DC- Sen. Tom Carper (D-Del.), chairman of the Senate’s Federal Financial Management Subcommittee with jurisdiction over the U.S. Postal Service, issued the following statement reacting to a report submitted to Congress by the Postal Regulatory Commission earlier today: “Every once and a while […]
Burrus Update The supporters of the PAEA are directly responsible for the precarious financial status of the Postal Service, not reduced mail volume caused by the slumping economy, not the migration of hard-copy mail to computer-driven messages, not the escalation of energy costs. As president of the largest union of postal employees, my mission is […]
This report presents the results of our audit of compensation paid or deferred to officers1 based on the limits established in the Postal Accountability and Enhancement Act of 2006 (Postal Act of 2006) and U.S. Postal Service policies and guidelines (Project Number 10BM001FT001). Initially we performed this work in fiscal year (FY) 2008, in response […]
Bill’s Author Can’t Change the Facts: Postal ‘Reform’ Created the USPS’ Financial Plight In a continuing effort to rewrite history, the author of the Postal Accountability and Enhancement Act (PAEA) has attempted to refute the Postal Service’s contention that the 2006 law is responsible for the Postal Service’s current financial difficulties. The law requires the […]
Congressional Research Service Report Summary President George W. Bush signed the Postal Accountability and Enhancement Act (PAEA; P.L.109-435; 120 Stat. 3198) on December 20, 2006. The PAEA was the first broad revision of the 1970 statute that replaced the U.S. Post Office with the U.S. Postal Service (USPS), a selfsupporting,independent agency of the executive branch. […]