General Post Office, although long-term edge in financial difficulties, but has never been so desperate: funding has been reduced to 5.5 billion yuan this month, could not pay the bills get to the point that if Congress do not take measures, the post office this winter will be all closed.
Postmaster General Secretary Donald Hu (Patrick Donahoe) said: "We face a very grim situation, the Congress if not action, we will of default."
Post fiscal deficit this year will reach 9.2 billion in recent weeks Downer Hu adopt a series of painful deficit reduction policy, including Saturdays messenger, closed 3700 post offices, and the reduction of 120,000 employees.Despite the union's contract shall not lay off, but cut the number of postal employees accounted for almost one-fifth.
Post offices facing serious financial predicament is due to reduced income and increased costs.Internet revolution led to the sharp decline in traditional mail, the union workers for many years to implement such provisions shall not be cut, e-mail is increasingly becoming a heavy burden.Workers at the post office in the proportion of expenditure is 80%, but in the UB-speed courier (UPS) is 53%, Federal Express (FedEx) only 32%.Post office employee health care benefits are more generous than most federal employees.
Congress, Senate Committee on National Security and Government Affairs will post 6 to hold a hearing of the financial, but a settlement agreement between the two parties did not do, because most of the programs to save the post office, not in politics any good.
Senator Kaposi (Thomas Carper, the Democratic Party, Delaware) said: "The post office misery, if we do not take any action, no sensible and appropriate measures, the post office will be closed this year in fact in the weak and uneven economic recovery process, there should not be closed is the situation. "
Post September 30 not to take $ 5.5 billion to retirees as the future of health care costs, but not immediately catastrophic consequences.But early next year, the post office will be no funds to pay staff salaries and fuel for the postal truck, forcing the post office will close down and stop the delivery of about 30 million copies of weekly e-mail.
E-mail crisis facing extremely difficult to solve.E-mail, electronic billing, and network prevalence, resulting in drastic reduction of conventional mail, the post office handled about 167 billion this year were the traditional mail, less than 22 percent five years ago.Hard to imagine there will be a downward trend reversed in 2020, the post office of delivery may even be reduced to the amount of 118 billion copies.
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