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TOP NEWS STORIES |
House Subcommittee takes first step towards financial relief
for Postal Service
"The Postal Service and its bleak financial situation is
starting to get some much-needed attention on Capitol Hill.
For the USPS, that's very welcome news. By a vote of 8-1, the
House Subcommittee on the Federal Workforce, Postal Service,
and the District of Columbia, approved legislation that would
require the Office of Personnel Management (OPM) to review the
Postal Service's Civil Service Retirement System (CSRS)
liability using a new methodology - a recalculated formula
which could yield a $50 billion surplus in the CSRS system." -
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Senator: Panel will block mail delivery cut
"Sen. Jon Tester says the lawmakers who oversee the
budget of the post office will block a proposal to reduce mail
deliveries to five days a week. The Montana Democrat said
eliminating Saturday deliveries would be a hardship on people
living in rural areas without producing major savings for the
Postal Service. Tester, a member of the Senate Financial
Services Appropriations Subcommittee, said in a statement
Wednesday that he was able to assure that provision will be
continued." -
Senate panel votes to keep
6-day delivery -
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Atlanta postal supervisor stabbed, co-worker under arrest
"Atlanta police say a supervisor at a bulk mail center
was stabbed and a co-worker is under arrest. Police say the
attack took place about midnight Sunday. Atlanta police Maj.
John Dalton said the supervisor, whose name has not been
released, was taken to Grady Memorial Hospital after being cut
on the face and ear, and stabbed seven times in the back."
- Police Arrest Claudius Mapp
- Supervisor Joseph Jose stabbed multiple
times with a knife and screwdriver -
News video: Suspect makes first court appearance -
Headline: Mail Worker 'Goes Postal,' Stabs
Supervisor - June 16th: Postal Worker
Stabs Boss 7 Times at JFK -
Postal worker
charged in repeated stabbing of supervisor -
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Markup of USPS Retiree Benefits Bill
"Postal stakeholders who want to change the retiree
obligation calculations during this session of Congress face
the challenge of a limited number of legislative days
available to handle new legislation, particularly in the
Senate. It would seem that even if the bill passes the House
prior to the end of the fiscal year, it is likely that final
passage will require action in a lame duck session." -
Subcommittee Approves Bill -
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Wrinkles found in Postal Service pact
"When the U.S. Postal Service's top marketing officer agreed
to hire Goldman Sachs nearly two years ago without a written
contract, top executives inside postal headquarters scrambled
to make the unauthorized deal square with postal procurement
rules. But the no-bid contract they eventually awarded to
Goldman Sachs was backdated and was for the wrong kinds of
services: The company was hired under a banking services
agreement, but Goldman Sachs' postal work didn't have anything
to do with banking, records show. And the idea to hire the
banking giant came from a top former postal executive who also
served on the board of directors for a company where Goldman
Sachs was a big investor." - Claims
against USPS exec expose clash of public-private rules -
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