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Committee On Oversight & Government Reform
Today, Rep. Darrell Issa, R-Calif., and Rep. Dennis Ross, R-Fla., announced they would move forward H.R. 2309, the Issa-Ross Postal Reform Act of 2011, at a subcommittee business meeting Wednesday at 1:30 p.m. Subcommittee Chairman Ross will introduce an amendment to H.R. 2309 that includes additional savings measures bringing the total mandatory minimum annual savings in the bill to $10.7 billion dollars- more than this year’s record setting $10 billion projected loss for the Postal Service.
“The $10.7 billion annual savings in the Issa-Ross Postal Reform Act is the clear alternative to other proposals that put taxpayers on the hook for a multi-billion dollar bailout,” said Issa, chairman of the House Oversight and Government Reform Committee. “Passing this legislation will move the Postal Service’s costs in-line with its declining revenues to create a financially viable and self-sustaining Postal Service.”
