U. S. Postal Service: Modernization and Restructuring Needed to Address Financial Challenges: Congressional Testimony
DIANE Publishing, 2011 - 18 pages
The U.S. Postal Service's (USPS) financial condition and outlook are deteriorating because revenues are not sufficient to cover its expenses and financial obligations. These challenges continue to threaten USPS's financial viability. USPS also faces cost pressures from maintaining a national network of processing, retail, and delivery operations. This testimony discusses: (1) updated information on USPS's financial condition and outlook; and (2) actions needed to modernize and restructure USPS. Charts and tables. This is a print on demand edition of an important, hard-to-find publication.
What people are saying - Write a review
We haven't found any reviews in the usual places.
2012 Budget Request Action Needed actions to restore area include Bill Payments collective bargaining communication strategies compensation and benefits condition and outlook Congress consider when evaluating cost savings delivery networks Dollars in billions Efforts to Modernize evaluating proposals Facilitate Progress Federal First-Class Mail fiscal year 2011 flexibility GAO’s Health Benefit Fund health benefit obligations High-Risk Series improve customer incentives to support job search services Key questions labor transition strategies Mail Processing modernize and restructure modernizing its retail Needed to Facilitate needed to modernize package of actions Postal Service Financial Postal Service Retiree posts we reviewed prefunding President’s Fiscal products and services providing USPS quarter of fiscal questions to consider reduce costs reported restore USPS’s financial restructure USPS retail and delivery retail network changes retail services retiree health benefit Service Retiree Health support employees U.S. Postal Service Unfunded Obligations updated USPS needs USPS’s financial condition USPS’s financial viability Washington