The Postal Service usually ranks right up around the top. That should be noted and commended.

This loss comes despite heroic efforts on not just the part of the Postmaster General and his team.

There are some benefits that flow to the Postal Service, obviously, in terms of additional revenues and business.

I believe the Postal Service is, too. We need good people in leadership positions.

In my old job as State Treasurer, the State Treasurer's responsibilities included administering fringe benefit programs for State employees.

Studies have shown that the elimination of Saturday delivery alone could save the Postal Service upwards of $3 billion per year.

Today's hearing is an important step in helping Congress figure out what kinds of reforms are needed.

When Senator Vitter tried to pass this through the Senate immediately, it was blocked by Senator Robert Menendez.

The economic damages liability cap needs to be increased to a great extent permanently.

Senator David Vitter introduced emergency legislation to completely remove the existing cap in Federal law for economic damages as it pertains to BP and our disaster.

If there is any national policy challenge that is not and should not be treated as partisan in any way, surely it is the ongoing oil disaster in the Gulf.

This is an ongoing crisis, and we need to act in certain ways.

Lifting the liability cap, as we do under the legislation, also instills discipline on oil companies.

So for that reason, along with 20 cosponsors, we have amended the legislation for unlimited liability.

I want to thank you for holding this hearing today on Senator Menendez's legislation.

As a member from a coastal State I can say that I truly understand the importance of our shorelines to our own local and national economies.

I wonder whether the 'drill, baby, drill' crowd ever thought about the 'spill, baby, spill' consequences, because that is what we have today.

I congratulate Senator Menendez for introducing S. 3305. I am proud to co-sponsor the measure.