Senator Tom Carper released a statement today claiming that the US Postal Service is in a “downward financial spiral”, but once again failed to mention the role he played in creating the “crisis”. Carper was one of the key Senate supporters in the passage of the 2006 PAEA law, which has been responsible for virtually all of the postal services’s recent paper “losses”.
Carper has a history of misrepresenting the postal service’s financial situation to suit his political ends. You may recall that we caught him using some creative math a coupls of years ago to make the “losses” look even bigger. By then he had already managed to forget that the bill he was so proud of in 2006 was responsible for the postal services problems. Lest we forget, here’s a photo of the signing ceremony- Tom’s second from the left…
Here’s the full text of Carper’s statement:
WASHINGTON – Today, Homeland Security and Governmental Affairs Committee Chairman Tom Carper (D-Del.) released the following reaction to the announcement that the U.S. Postal Service lost $2 billion in the third quarter of fiscal year 2014:
“The U.S. Postal Service continues to suffer unsustainable losses that threaten its long-term viability. While the Postal Service showed a modest increase in revenue due to its growing package delivery service and an increase in mail prices, today’s announcement that it lost $2 billion in the third quarter of fiscal year 2014 makes it clear that this American institution remains locked in a downward financial spiral. It also underscores the urgent need for comprehensive postal reform – reform that can only come from Congress. Dr. Coburn and I introduced the Postal Reform Act of 2014, which passed out of Committee by a vote of 9 to 1 earlier this year. Our legislation is a bipartisan and balanced solution to the Postal Service’s financial crisis that would prevent collapse, preserve key postal operations and service standards, protect millions of mailing industry jobs, and enable this critical institution to serve the American public for years to come. I urge my colleagues in the full Senate to take up our bipartisan, comprehensive bill and join our efforts to fix the serious, but solvable challenges facing the Postal Service.”