USPS Reform Possible, but Congress Must Act Soon
A solution will not be easy; the Postal Service already is cutting costs substantially, but far from enough. Congress must act on many of the common-sense steps already incorporated in House and Senate bills to put the Postal Service back on a path to prosperity.
First, USPS must be streamlined and restructured. Second, Congress must reform the Postal Service’s pension system and return money that USPS has overpaid. Third, the collective-bargaining process between USPS and its unions must be examined and reformed. Fourth, it is essential to reform the devastating retiree health care prepayments that the Postal Service must make.