Congressmen to Hold Press Conference on Returning USPS to Profitability

30 minutes from now – 12:00 pm EST – Ranking Member Elijah E. Cummings and Congressman Stephen Lynch, Ranking Member of the Subcommittee on Federal Workforce, U.S. Postal Service and Labor Policy, will hold a press conference to announce comprehensive legislation to fundamentally change the Postal Service’s business model to cut costs and increase revenue.

Their bill, the Innovate to Deliver Act of 2011 (I2D Act), meets the Postal Service’s financial challenges by implementing reforms in three core areas:  performance, personnel, and profitability. The bill includes provisions to allow the Postal Service to function more like a business and reduce the restrictions that have hindered its ability to respond effectively to a changing market.

To call in to the Press Conference scheduled today between 12:00 and 12:30 pm, dial (712) 775-7400 and use Passcode 698340.