Happy Monday! The way Postmaster General John E. Potter sees it, he has less than six months to convince Congress and the
nation of the urgent need to retool the U.S. Postal Service for the 21st
century.
By fall, the Postal Service won’t have enough money to make payroll, Potter predicts. But big customers, regulators, lawmakers and organized
labor still have to be won over.
In his first extended interview with a major news organization in his nine-year tenure, Potter
reminds The Federal Eye in Monday’s Post that: “We’re losing money,
we’re running out of cash. Ideally, what you’d like to do in the Postal
Service is have access to about $5 [billion] to $6 billion in cash . . .
and that’s basically two payrolls. That’s not a lot of breathing room.”
Highlights from The Eye’s Potter profile:
Leave a Reply
You must be logged in to post a comment.