WASHINGTON – Today, Sen. Tom Carper (D-Del.), Chairman of the Subcommittee on Federal Financial Management, Government Information, Federal Services, and International Security, which oversees the U.S. Postal Service, joined Sens. Joe Lieberman (ID-Conn.), Susan Collins (R-Maine), and Scott Brown (R-Maine) to introduce the bipartisan 21st Century Postal Service Act of 2011. His statement, as prepared for delivery, follows:
“Over the past several months, Americans have realized the hard truth that the Postal Service is on the verge of financial collapse. Our troubled economy – coupled with the continued migration to electronic forms of communication – is putting the future of the Postal Service in jeopardy, and it’s happening faster than anyone ever expected even just a few years ago. If we do nothing, we face a future without the valuable services the Postal Service provides. And if the Postal Service were to shut down, the impact on our economy would be dramatic.
“Although the situation is dire, it’s not hopeless. With the right tools and quick action from Congress and the Administration, the Postal Service can reform, right-size and modernize. The bill I introduced with Senators Lieberman, Collins and Brown presents a comprehensive and bipartisan solution to the Postal Services’ financial challenges that would keep it from collapse, protect the millions of jobs that rely on it, and enable this critical American institution to reform its business operations so it can continue to serve the American public for years to come. The time to act is now. It is my hope that Congress and the Administration can come together on this plan in order to save the Postal Service before it’s too late.”
To read a summary of the bill, please see attached or visit Reforming the Postal Service: The Bipartisan Plan.