Issa Reiterates USPS Must Reel in Labor Costs
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"Do I have sympathy for the Post Office? I do," Issa reportedly told the audience. "They didn't create the Internet."
While the USPS floated the idea of asking Congress to allow it to lay off 20 percent of its workforce in order to cut down on mounting losses—an idea roundly dismissed by the postal unions—Issa and other politicians are optimistic that a bipartisan, going-forward plan can emerge from Congress. The Postal Service's $5.5 billion prepayment for retiree health care benefits was not made by the Sept. 30 deadline, but the Congressional patchwork deal to fund the government through mid-November pushed the due date back.
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