Legislation introduced today by Sen. Tom Carper (D-DE) is a roadmap to recovery for the Postal Service. It incorporates many of the key elements we have identified as necessary and essential to allow the Postal Service to meet the changing needs of its customers.

The Postal Operations Sustainment and Transformation (POST) Act of 2010 is creative in that it alleviates our retiree health benefit burden while bringing resolution to the pension overpayment dilemma we’ve faced.

It permits us to step into the 21st Century by enabling elemental reforms to our network, our infrastructure, and our labor relations and it reduces the number of days we provide door to door delivery service to more closely align our costs and the needs of our customers.

We commend Sen. Carper for his leadership and thank him for his continued support of the Postal Service and his recognition of the vital role we play in the lives of the American people.

It’s my hope that this legislation will enjoy broad support in the Congress.

John E. Potter
Postmaster General of the United States
CEO, U.S. Postal Service

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A self-supporting government enterprise, the U.S. Postal Service is the only delivery service that reaches every address in the nation, 150 million residences, businesses and Post Office Boxes. The Postal Service receives no direct support from taxpayers. With 36,000 retail locations and the most frequently visited website in the federal government, the Postal Service relies on the sale of postage, products and services to pay for operating expenses. Named the Most Trusted Government Agency five consecutive years and the sixth Most Trusted Business in the nation by the Ponemon Institute, the Postal Service has annual revenue of more than $68 billion and delivers nearly half the world’s mail. If it were a private sector company, the U.S. Postal Service would rank 28th in the 2009 Fortune 500.