Federal Manager's Daily Report

The House Government Reform Committee’s special panel on postal reform and oversight will push postal industry reform for the second session of the 108th congress, the committee has announced.

In meetings with Treasury Secretary Snow, Postmaster General Potter and members of Presidential Commission on the Postal Service, President Bush asked lawmakers to emphasize five areas in new postal legislation, according to the announcement: (1) the preparedness of a postal governing body to handle its responsibilities and objectives; (2) transparency regarding product costs and performance; (3) the authority of postal management to keep the postal service flexible in a dynamic market; (4) accountability and independent oversight of a flexible postal service, and (5) financial self-sufficiency.

Committee leaders expressed commitment to pursue the key points with a bi-partisan effort when they reconvene next month, saying that without fundamental reform, the future of the semi-independent postal corporation appears grim. The statement noted that postal revenue is flagging while costs and debt remain are high.