When Republicans take over the Senate in January, the new chairman of the Senate Homeland Security and Governmental Affairs Committee, which oversees the US Postal Service, is expected to be Ron Johnson, a millionaire tea party favorite.
Johnson wants to reduce federal employees pay and benefits, eliminate FERS pensions, and privatize the US Postal Service:
Securing the border and reducing government regulations are areas he said he thinks the committee can find agreement. Ensuring the financial security of the U.S. Postal Service should be on that list, too. But he knows his prescription for the Postal Service would draw strong opposition.
Johnson would like to see the USPS go through bankruptcy proceedings, which he said, “really would turn the post office into a private entity.” He said he realizes there are political problems and constitutional issues with that position and is open to compromise.