Rep. Darrell Issa (R-Calif.) launched an interactive website Thursday with the sole purpose of saving a debilitating United States Postal Service.
SavingThePostalService.com allows visitors to see the facts about the financially insolvent U.S. Postal Service and offers them the opportunity to weigh in on which solutions Congress should pursue to address this issue.
“The USPS is fast-approaching default and without serious reforms it will collapse and be unable to meet payroll as early as next year,” Issa said. “The American people will not accept the bailout of yet another failing institution which is why Congress must act to put the Postal Service on a sustainable course. Go to SavingThePostalService.com to learn more about the Postal Service, see our reforms and get involved in crafting your own solutions.”
The chairman of the House Committee on Oversight and Government Reform, along with Rep. Dennis Ross (R-Fla.) began working towards making the USPS a solvent institution early this summer by introducing the Postal Reform Act of 2011.
According to the Post Master General, the USPS will default on a multi-billion dollar payment to U.S. taxpayers by September 30, 2011. The postal service is expected to lose $9 billion in FY2011, exceeding the $8.5 billion it lost in 2010.