US Postal Service Shutdown United States

US Postal Service Shutdown United States : The post office aims to pardon the Congress to avoid ' will default default must work Conference before 30 September or "United States Postal Service", out of money, to pay $ 5.5 billion for the health benefits of retirees, "said Postmaster General Patrick donaho u.s. on Tuesday.

In a Senate hearing that, once again playing the alarm Bell about the dire situation in which there are Usps Postmaster us General Patrick Donahue said that the Institute "to" border by default. He also said that Congress, not the law to 30 September, the postal service will default to 5.5 billion. dollars in retiree health mandate benefit payment due this month.
Mr. Donahoe testified to Congress that if policymakers introduce emergency measures, postal service (USPS) may shut down completely in the winter, and completely run out of money to pay wages and suppliers in August or September of next year.

Donahoe said Tuesday in testimony prepared for a hearing before the Senate Committee on Governmental Affairs and national security, "we are at a critical stage." "The work of the Conference is imperative before the end of this fiscal year.

Functional: you crunch time for postal services: five questions about the closure of the post office.
He urged Congress to adopt measures regulations, the Postal Service now need to keep, and let them work more as a company would loose.

"The postal service requires radical changes business model if they stay in the future," Donahoe said Senator Joseph Lieberman (I) Connecticut, Chairman of the Committee. "The postal service in crisis today because it works with model … Restrictive trade. " [Survival depends on his] ability to work more like a business. »

The list of measures of the costs which it proposes to erase the deficit in recent months, which could reach up to 10 billion dollars this year reiterated Donahoe. These include eliminating Saturday mail delivery, closing as 3,700 positions and dismissal of 120,000 employees, almost one-fifth of the workforce of the Agency. (Not another 100,000 jobs lost in exhausting the Agency does not plan to replace a total of approximately 220 000 lost.)

Postal service will handle an estimated 167 billion pieces of mail this fiscal year, down from 2006 the 22 percent. Electronic communications, electronic invoices and the recession took a toll on USPS, who is facing the second consecutive losses of more than 8 billion.

Postal service organised employees, including a no-layoff clause is organized by high staff costs and contractual obligations and the prefunding of retiree health benefits to disabled. Actual operating budget for salaries and other benefits for his 571.566 full-time employees compared it and 32 percent of FedEx, two of the largest private competitors for 80 percent of production service, with 53 percent of UPS.

Postal service requests that Congress would break the Union contract to dismiss workers and reduce deposit requirements for future pensioners health benefit costs.