Senator Carper Statement on the U.S. Postal Service Financial Losses

WASHINGTON – Today, Senator Tom Carper (D-Del.), ranking member of the Homeland Security and Governmental Affairs Committee, released the following reaction to the announcement that the U.S. Postal Service reported a net loss of $1.5 billion in the second quarter of fiscal year 2015:

“Today’s financial report shows that despite a thriving – and growing —  package delivery service, which grew by 14.4 percent, longstanding financial burdens and an ongoing decline in First Class mail continue to threaten the Postal Service’s long-term sustainability. Today’s news shouldn’t come as a surprise to anyone. As I have said before, while Postal Service leadership has done what it can to cut costs, keep prices competitive, and right-size the enterprise, it is critical that Congress works together to pass a bipartisan and comprehensive bill as soon as possible.  I am committed to working with my colleagues in Congress, the Administration, and stakeholders to fix the serious, but solvable challenges facing the Postal Service.”

Senator Carper  will hold a bipartisan roundtable titled “The Challenges and Opportunities for the Postal Service in a Digital Age” on Tuesday, May 12, 2015 at 2:30 p.m. in room 342 of the Dirksen Senate Office Building in Washington, D.C.

The briefing will be a roundtable discussion analyzing the challenges and opportunities facing the Postal Service in the digital age. Members will be able to use this briefing to assess the hurdles facing the Postal Service and identify the tools the Postal Service needs to innovate and thrive in the 21st century.