Congress Needs to Act on USPS Reform –Michelson

Some also blame Congress for saddling the USPS as the only agency with the onerous requirement to pre-fund health care benefits for its retirees. Having already defaulted twice on its $5.5 billion annual payments, authorizing payments over a longer period would help stop the bleeding, at least in the short-term. And, with the capacity to process 300 billion pieces of mail annually—and mail volume estimated to only be 153 billion pieces in 2013—the Postal Service needs the authority to rightsize its operations by renegotiating postal union agreements.