Without their dedication, this vital work could not be done.

I think that's very important for us to understand, that we're talking about two different pots of money here.

I was disappointed when the Government Accountability Office (GAO) reported, last August, that not as much progress been made in this area as I would have hoped.

the administration of this program has been far too lax, and it is not protecting retirees, participants, and future participants.

I would like to ask you to address that issue in a factual way, to help us better understand this charge.

I think that would be helpful information for us to have.

I have always been a strong advocate for our Federal workforce.

I just don't want to lead what--leave what would be a misleading----

Thank you. Those sound like very worthwhile and protective moves on the Commission's part.

Thank you, Mr. Chairman. Those are my last words.

I would like your best judgment on, what should we do about that issue?

I personally don't know who's right. This is a case where different actuaries have come to different conclusions.

The combination of the cost of third-party testing for the Consumer Product Safety Improvement Act plus the economic downturn has forced this business to close up altogether.

We really need to find a way that allows them to ensure their products are safe, but doesn't put them out of business.

Correct.

One of the major problems that the Postal Service is facing is a reduction in volume.

And it seems like you're choosing a route that goes in the opposite direction.

There's a considerable difference in the estimates of savings.