Ruth Goldway

  • USPS seeks innovative, legislative relief for financial woes

    The Postal Service is reeling from the decision by the Postal Rate Commission not to increase the price to mail a letter. USPS was hoping to use the rate hike to help close the $7 billion deficit it faces this year. The service continues to face reduced volume, more people using the Internet and legal barriers to changing key parts of its business mode.

  • USPS faces competing interests in path to reform

    Rep. Darrell Issa (R-Calif.) said he wants to give the struggling Postal Service more flexibility to act like a private business, including the ability to force retirement-eligible employees to step down. Meanwhile, the Postal Regulatory Commission worries the Postal Service is losing sight of its public mission.

  • Postmaster says Senate bill a good start to postal overhaul

    Postmaster General Patrick Donahoe says a Senate bill aiming to overhaul the Postal Service’s financial structure by providing the agency more flexibility to price its products is a good first step. Donahoe has been calling on Congress to approve comprehensive postal reform for much of the last two years. In that time, the cash-strapped agency has posted losses of $20 billion and defaulted on more than $11 billion in payments to prefund retiree health care costs. USPS is set to default on a $5.6 billion payment due Sept. 30 payment, Donahoe said.