The legislation being considered by Congress truly threatens to dismantle the Postal Service. We encourage you to e-mail your friends and family to spread the word about the services cuts Congress has proposed so they can take action to support USPS, too!
America’s Postal Service is a cornerstone of our society and a vital part of our economic infrastructure. The Postal Service is facing real challenges. Changes are required to meet the needs of an ever-evolving American market economy. But rather than cut services and destroy a national treasure, the American people deserve postal reform based both on a comprehensive rethinking of the institution and on a business plan they can believe in. We need a plan that preserves the Postal Service’s most important strategic asset — its network — and that allows it to grow, prosper and serve the American people for many years to come.
In fiscal years 2007 through 2010, the Postal Service had a net operational profit of $611 million delivering the mail, despite the worst downturn since the Great Depression. The pre-funding payments incurred during those years caused all of reported losses during that period.
In 2006, Congress mandated that the Postal Service do something no other agency or company in the country has to do -- prefund future retiree health benefits. Moreover, lawmakers set a highly aggressive level -- prefunding for the next 75 years, paid within a decade.
The mandate accounts for 80 percent of all USPS red ink, $11.1 billion alone in just-completed fiscal 2012. Without it, the Postal Service could readily have weathered the tough economy.
Congress is considering harmful legislation that would take away services you depend upon and dismantle the U.S. Postal Service bit by bit. The changes being proposed would cut Saturday mail service, drop door delivery and slow delivery of your mail and packages.
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