Browsing: Rep. Gerald Connolly

U.S. Postal Service financial crisis: Little agreement, but lots of commotion


All of a sudden, federal policymakers have noticed that the U.S. Postal Service is staggering toward financial collapse. There’s little consensus on a solution, but the ensuing attention is generating plenty of news. Here’s a recap of major developments just on Monday: 1)       The Obama administration publicly outlined one approach for putting the Postal Service back in the black (check out p. 23 of the pdf). 2)       A House Oversight and Government Reform subcommittee scheduled a Wednesday vote on legislation by Rep. Darrell Issa, R-Calif.,  offering an opposing strategy. 3)       Rep. Gerald Connolly, D-Va., and 74 other lawmakers released a letter to…