The U.S. congress is sitting on Wednesday stand by and for the us postal service going to default retiree medical treatment cost 550 million yuan.
The postal service on Monday confirmed in a statement, it will default to the Treasury pay the expired at midnight on Wednesday. It is also set to default $5.6 billion "TAB, because the September 30 prepaid retirees medical benefit" absence of legislation through congress. "
Postal stressed that the default will "have to postal service have great influence on the operation," this will continue to get enough capital, will serve.
But this for the first time, the default marked the postal service drops, lit up its financial conditions are still no congressional interventions in jeopardy. Some congressmen, such as postal poor threats, and congress's reputation, as the email service's future and the country's economic health.
"The country's congress to find things to do, the President do things well, especially in the work work, save and create jobs, and some 7 or 80000 dollars in work, now depend on the postal service," senator Tom capote (D-Del.) the reform of postal congress lead democratic voice, told yahoo news. By default, capote think, "in those who use the post office services, especially larger sender, just destroy confidence" potential damage business and much-needed holiday sales.
The postal service has reported the billions of dollars in damage part, because of the economic climate and reduce in the mail. In addition, by the law service to prepay billions of dollars in health care benefits, every year to retiree medical welfare fund. The postal service, hope that congress can help lower the fund's burden, and help them by other means, but congress won't appear soon.
In April, the United States senate passed a two and regulations the hosted by capote, to cut costs measures, including restructuring by the postal service before fund to help save. At that time, the house republicans translation bill widely, tag is a turnover of 330 billion aid, they think it off, but failed to solve the postal service financial woes. Supervision, a house committee chairman, Congressman DaLeiEr · isa (R-Calif.) hosted by Congressman Dennis Ross (R-Fla.) engineering bill, but has not yet been brought to the floor floor.
The postal service and other related parties and republican criticism of the senate bill once passed. But capote said Wednesday, the house is impeding forward, and to make the opportunity to adjust.
"What house isn, they have been said they always gonna do, which is to pass a bill, that we can then go to the meeting, work out our differences, and the senate bill compromise between the house bill," capote said, "our bill is not perfect... but, until we have the behavior of house, we won't be able to come to, finally compromise."
House minority leader Nancy pelosi (D-Calif.) also pointed out that in the house republicans fingers on Wednesday. Pelosi said in a statement: "to create another crisis, republican leaders refused to allow through has strong bipartisan majority months before the senate, will be very easy to prevent the default postal reform bill of deliberation,". "On the contrary, the republicans have interest to provide a meaningful solution-including path to solve the postal service the unique requirements of prepaid retiree health benefits."
But republicans say, the house bill is still on the table, leaders were actively work.
"Although the postal reform bill of deliberations of the time has not yet been established, the legislation is necessary support, supervision and government reform committee adviser, communication," ali ahmad yahoo news on Wednesday said in a statement. Ahmed said, isa remains committed to modify legislation to ensure that the "meaningful reform, not only to win approval in the house of representatives, but eventually signed into law by the President."
The republican bill, allow more intense as switching to 5 day delivery, cluster box, not the door to door delivery, the more free branch closed and labor contract negotiations again, and immediately cut.
For the current default, select republican Congressman said, this is just not the same from entity.
Issa said: "its obligations, its own employees and retirees postal service default the following decades, the poor management and the blindness of deliberately in the United States use electronic mail, the fundamental transformation," in a statement Tuesday. "The postal service still failed according to the current law, it can reduce the cost."
The house of representatives this week in through the end of May Day plan began to dismiss, although some congressional leaders have threatened to keep town complete choice lawmakers business. This will promote postal reform bill in the house of representatives in the fall of potential action. Some congressmen believe that the bill will not come up, until the lame duck meeting or even later.
To save the postal service, is a difficult problem, some members of congress. Many rural voters, older people and other depends on the postal service, forcing lawmakers who advocate fiscal conservatism may against some of their composition, by taking the government intervention, the postal service.
The future of the postal service, often brought in the campaign and in BBS and community hall, are shown in the literature movement of time.
"Rehberg refused to explain why he does not support a Montana, the democratic senator from Montana post office Jon tester campaign wrote:" republican opponent Congressman Danny Rehberg Tuesday. "He may result in the failure of leadership in the post office closure and Montana service cuts all over."
In Missouri, democratic senator Claire wheat kass gere movement in July to vote for her republican opponent, the future of the postal service threat.
"And Claire had across the aisle protection of Missouri rural post office, [Congressman Todd] Kim, a former state financial competent Sarah] stillman and businessman John brenner said they would rather let the us postal service the company went bankrupt and privatization its service, not" spokesman Eric Dorey said in a press release of wrote.




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