"This measure will ensure that the Postal Service and Congress have additional time to work together on comprehensive legislation to improve the Postal Service’s long-term viability," he said of his bill, H.R. 2884.
Issa added that these cuts need to be made because the current workforce is not as necessary "because you and I are emailing."
The USPS is expected to hit hits $15 billion borrowing limit this month, and is not expected to be able to make its $5.5 billion payment to its retiree benefit plan by the end of the month. Cummings noted that this payment is obligated by a 2006 bill that requires USPS to make accelerated annual payments to fully fund its healthcare program, and said this is a higher hurdle than private sector companies.
Cummings said Democrats would be introducing other bills in the coming weeks aimed at raising revenue and cutting costs at the USPS.