Joel Hefley: “only a few months after the U.S. Postal Service hiked its first-class…”

On the recordJune 14, 2001

only a few months after the U.S. Postal Service hiked its first-class postal rates, the quasi-Federal agency is again set to increase mail costs, this time by as much as 25 to 30 percent. The hike comes in response to the agency's projected loss of $2 to $3 billion this year and a report from its own Inspector General that the agency loses approximately $1.4 billion per year in waste and abuse. Charges of abuse at the Post Office include $200 million worth of lavish executive parties, large-scale junkets, high-priced publicity campaigns, and generous employee bonuses. The agency managed to rack up $9.3 billion in debt by the end of fiscal year 2000, but has yet to put in place a repayment program for that debt. The American consumer should not have to pay increased mail costs to repair inefficiency and waste at the Postal Service. The Postal Service gets my porker of the week award.

Said by

Joel Hefley

Republican · Colorado

Source

govinfo.gov

Editor's note · Context

Addressing the U.S. Postal Service's proposed rate increase and financial mismanagement.

Share on X Share on Facebook Email this quote

Joel Hefley: “only a few months after the U.S. Postal Service hiked its first-class postal rates, the quasi-Federal agency is again…”

Editor's note · Context