iPOST Cosponsors React to Annual Compliance Determination of U.S. Postal Service

WASHINGTON – Today, the bipartisan Senate cosponsors of S. 2051, the Improving Postal Operations, Service, and Transparency Act of 2015 (iPOST), reacted to the Postal Regulatory Commission’s (PRC) Annual Compliance Determination of the U.S. Postal Service. The Annual Compliance Determination, which assesses U.S. Postal Service compliance with pricing and service performance, found that a majority of Postal Service products, including all First-Class Mail products, failed to meet service performance targets for FY 2015.

“The Postal Regulatory Commission’s (PRC) release of its Annual Compliance Determination for the Postal Service unfortunately identified significant failures at the Postal Service. This underscores the need to urgently pass the postal reform legislation we have introduced, S. 2051 the Improving Postal Operations, Service, and Transparency Act (iPOST). Specifically, the PRC found that the majority of products failed to meet service performance targets for FY 2015 and service performance results for all First-Class Mail products did not meet their targets. These failures are unacceptable. The American people deserve fast, affordable, and dependable service. A thriving Postal Service is essential to our economy and it must be repaired. Our bill would begin to do that. This report further highlights the precarious financial state of the Postal Service, with rates set to decline on April 10^th. The time to act and stabilize this lynchpin of a $1.4 trillion dollar mailing industry is now.” 

iPOST, the Improving Postal Operations, Service, and Transparency Act of 2015, reflects the views of a broad range of stakeholders and offers a compromise solution to the difficult issues that Congress and the Postal Service have struggled with for years. The bill includes a comprehensive package of reforms that would place the Postal Service on firm financial footing, stabilize and improve service performance, allow for the development of new products and services, and enhance transparency. The bipartisan bill is cosponsored by Sens. Jerry Moran (R-Kan.), Claire McCaskill (D-Mo.), Roy Blunt (R-Mo.), and Susan Collins (R-Maine).

For more information, including a section-by-section summary of the bill and bill text, please visit:www.carper.senate.gov/postalreform