Postmaster General Urges Congress to Fix Business Model to Close $20B Gap

We require a more streamlined governance model, and flexibility under the law, to develop, price and implement products quickly.

And, we are also seeking a refund of the approximately $6 billion dollars in overpayments to the Federal Employees Retirement System.

If Congress can pass legislation that addresses each of these areas, we can close a $20 billion dollar budget gap by the year 2016 and operate on a financially sustainable basis. If we do not gain this flexibility, our unsustainable losses will continue and we risk becoming a significant burden to the American taxpayer.