2011 Legislative Agenda : Capitol Watchdogs Wanted

Postal Reform

It's not that we're completely overlooking the significance of the Do Not Mail lobby, which is channeling its efforts toward progressive cities like Seattle and San Francisco. But the United States Postal Service (USPS) is in need of another financial overhaul.

Mr. ZIP suffered an $8.5 billion loss in 2010, but that total included a $5.5 billion payment to the retiree health benefits fund and a $2.5 billion non-cash workers compensation adjustment. Considering the 6.6 percent decline in mail volume, the loss of $500 million must be viewed as a rousing success.