Postal Reform Still at Least Several Months Off

The House committee will hold a hearing Wednesday to “explore a range of options to avoid a multi-billion dollar taxpayer funded bailout and restore USPS to long-term financial solvency,” according a statement put out by Rep. Darrell Issa, R-Calif., the committee’s chairman.

Issa condemned the Postal Service’s decision to cancel plans to move to a five-day mail delivery schedule, calling the choice a major roadblock to reaching a deal on reform legislation.

Postmaster General Patrick Donahoe and members of the USPS Board of Governors will testify at the hearing.