Tom Carper

Good. Thanks very much. OK.

They were under a lot of pressures in order to keep market share and in order to keep their business alive, so, therefore, they had to rate competitively against the other rating agencies.

I think the rating agencies worked very hard and were under a lot of pressure to analyze the pools that they were rating.

I am proud to be an original cosponsor of Senator Kaufman's Pre-Election Presidential Transition Act.

I believe there is still room for improvement in the nomination and confirmation process.

Hopefully our Good Earth will be around 10 years from now and so will the Postal Service.

Thank you, Mr. Chairman, for your foresight and leadership in holding this hearing.

I do not think we actually calculated or miscalculated what the Postal Service owes, but somebody has, and maybe it is OPM.

I think Mr. Williams makes a good case in his testimony that Congress and OPM have done the Postal Service and its customers a disservice over the years in miscalculating what the Postal Service owes the Federal Government to care for…

It would be less than $1 billion a year, so in terms of contributions it could make, it would not close the gap as significantly as eliminating Saturday.

It's maybe the most conservative approach I have ever seen, pre-funding the health obligations of an employer in this country, private sector or public sector.

Well, we all know that the media loves to report good news.

I presume it would not be close to $3 billion, but would it be $1 or $2 billion? Any idea?

When the wind is blowing we need the ability to store the electricity when we have more than we can use.

I know you all are looking at some different options with respect to vehicles in the future.

So you have roughly 600,000 employees today.

I think they came up with 70 recommendations to the Congress and to the President that they developed in that period of time.

To me the basic premise has been that the Postal Service is supposed to be self-financing.

Those are some big if's.

Maybe we ought to allow them to raise rates to meet the needs of their revenue stream.

I also want to thank the Partnership for Public Service for its input.

The Postal Service Board of Governors proposed going from 6- to 5-day delivery, because we believe that delivery has to be able to pay for the amount--the frequency that we provide.

Overcharged $75 billion since roughly 1974.

The financial health of the Post Office has to be a consideration as you move forward.

The business model is broken. The generation below me does not want you, does not use you, does not need you.