Save the Postal Service and Save Jobs
The United State Postal Service has been on the verge of collapse. It has only averted that fate temporarily by defaulting on payments to the US Treasury of more than $11 billion. New technologies coupled with national economic struggles have led to a tremendous drop in mail and postage revenue (USPS receives no money from taxes). On top of these revenue declines, the Postal Service is saddled with unfair and burdensome financial obligations that were imposed by Congress. This dangerous combination has sent the Postal Service into a tailspin. Without reforms, the entire postal system could simply run out of money by end of this fall, even with further defaults to the Treasury.
But it’s not just the Postal Service that will suffer. USPS continues to play a critical role in our nation’s economy: it is the backbone of a mailing industry that supports 8 million private sector workers and represents 7 percent of our country’s GDP. Businesses – large and small – still rely on the mail to reach customers, deliver products and communicate. These include:
If the mail stops running, there will be disastrous economic consequences.
The Coalition for a 21st Century Postal Service represents a broad swath of the private sector industry that relies upon USPS. The Coalition believes that with the right reforms, the Postal Service can be put on a sustainable path.
Among those reforms should be:
Authority enabling many of these changes, and the flexibility to do more, is incorporated in a bill passed by the Senate and another pending before the House of Representatives. But further action on the legislation has been delayed. Congress must move these bills; legislation is critical to sustaining the viability of the postal system.
Without bold reforms, 8 million jobs, and the $1.1 trillion industry that depends on them, will be at grave risk.
So, Save the Mail and Save Jobs
Home | About the Coalition | Industry & Postal Statistics | Testimony & Other Documents | Congressional Bills | Newsroom | Take Action | Join the Coalition | Contact Us
Copyright © 2012 Coalition for a 21st Century Postal Service