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

“We cannot pretend these marketplace changes aren’t happening or that they don’t require us to make fundamental changes to our business model,” Donahoe testified before the House Oversight and Government Reform Committee. “We need comprehensive reform now.”

Donahoe said the Postal Service is moving quickly down a road that leads straight to a large financial chasm and postal reform legislation can be the bridge over that chasm. “If we build the bridge properly, the Postal Service can have a bright future,” he said. “It can adapt and better serve the changing mailing and shipping needs of American industry and the American public. It can be a more powerful engine for economic growth and it can be profitable and operate without burdening the American taxpayer.”