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Postmaster General on Plan to Save USPS

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  • Description

    Postmaster General Patrick Donahue discusses the efforts to save the USPS.

  • Duration 1:23
  • Date

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-- this morning I spoke with postmaster general Patrick Donahoe who he says they can be profitable this idea and pay -- -- all -- -- other guests like 2007 your answer to your financial problem but congress hasn't said yes to it yet.

Not we're -- shifting them we are cutting them were reducing them through competition.

But it's not shifting -- talent and -- congress is okay -- have -- -- -- -- Postal Service is we're we -- fully funded into retirement funds nobody -- we have a fifty billion dollar.

Fund already funded and for retiree health benefits -- is done anything like that.

What we would do would be reduce the long term cost of health care for both employees and retirees that would allow us to get back in good flooding.

And not have to continue with the pre funded but congress -- -- OK that and they have not yet okay correct.

Yes that is absolutely correct as my card and auto way to union hasn't -- either quick prayer.

Happens gonna get done Iran and twenty billion dollars in deficits annually.

There's -- puts -- service is not done anything to to keep up with the right hand but he can't off his hands are tied congress won't let him do with the unions won't let.

Healthcare costs isn't necessarily the answer they have not done anything to keep up with -- -- in -- UPS what they got addicted to battle the decline in the held volume because of emailing and text messaging.

Nothing I say privatize it sell it get rid of god that's not.

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