[net-gold] UNITED STATES: GOVERNMENT : POSTAL SERVICE AND MAIL DELIVERY : FINANCE : BANKRUPTCY: White House to Propose Plan to Help Postal Service
- From: "David P. Dillard" <jwne@xxxxxxxxxx>
- To: Net-Gold -- Educator Gold <Educator-Gold@xxxxxxxxxxxxxxx>, Educator Gold <Educator-Gold@xxxxxxxxxxxxxxxx>, net-gold@xxxxxxxxxxxxx, Net-Gold <Net-Gold@xxxxxxxxxxxxxxx>, NetGold <netgold@xxxxxxxxxxxxxxx>, Net-Gold <net-gold@xxxxxxxxxxxxxxxx>, K-12ADMINLIFE <K12ADMIN@xxxxxxxxxxxxxxxxxxx>, K12AdminLIFE <K12AdminLIFE@xxxxxxxxxxxxxxx>, MediaMentor <mediamentor@xxxxxxxxxxxxxxx>, Digital Divide Diversity MLS <mls-digitaldivide@xxxxxxxxxxxxxxx>, NetGold <netgold@xxxxxxxxxxxxxxxx>, Net-Platinum <net-platinum@xxxxxxxxxxxxxxx>, Sean Grigsby <myarchives1@xxxxxxxxxxxxxxx>, Net-Gold <NetGold_general@xxxxxxxxxxxxxxxxx>, Temple Gold Discussion Group <TEMPLE-GOLD@xxxxxxxxxxxxxxxxxxx>, Temple University Net-Gold Archive <net-gold@xxxxxxxxxxxxxxxxxxx>, Health Lists -- Health Diet Fitness Recreation Sports Tourism <healthrecsport@xxxxxxxxxxxxxxxx>, Health Diet Fitness Recreation Sports <healthrecsport@xxxxxxxxxxxxxxx>, HEALTH-RECREATION-SPORTS-TOURISM@xxxxxxxxxxxxxxxxxxx
- Date: Wed, 7 Sep 2011 07:27:44 -0400 (EDT)
.
.
UNITED STATES: GOVERNMENT :
POSTAL SERVICE AND MAIL DELIVERY :
FINANCE :
BANKRUPTCY:
White House to Propose Plan to Help Postal Service
.
.
White House to Propose Plan to Help Postal Service
By STEVEN GREENHOUSE
Published: September 6, 2011
New York Times
Business Day
http://www.nytimes.com/2011/09/07/business/
white-house-to-propose-plan-to-help-postal-service.html
.
A shorter URL for the above link:
.
http://tinyurl.com/3b943nm
.
.
The Obama administration said on Tuesday that it would seek to save the
deficit-plagued Postal Service from an embarrassing default by proposing
to give it an extra three months to make a $5.5 billion payment due on
Sept. 30 to finance retirees future health coverage.
.
Speaking at a Senate hearing, John Berry, director of the federal Office
of Personnel Management, also said the administration would soon put
forward a plan to stabilize the postal service, which faces a deficit of
nearly $10 billion this fiscal year and had warned that it could run out
of money entirely this winter.
.
We must act quickly to prevent a Postal Service collapse, said Senator
Joseph Lieberman, independent of Connecticut, who is chairman of the
Senate Homeland Security and Governmental Affairs Committee, which held
the Tuesday hearing on the Postal Services financial crisis.
.
Postmaster General Patrick R. Donahoe testified that even with a
three-month reprieve on the $5.5 billion payment, the post office was
likely to run out of cash and face a shutdown next July or August unless
Congress passed legislation that provided a long-term solution for the
ailing agency.
.
To help erase the postal services deficit, Mr. Donahoe has proposed
several painful and controversial steps, among them, eliminating Saturday
delivery, closing up to 3,700 postal locations and laying off 120,000
workers despite union contracts with strict limits on layoffs.
.
The Postal Service is on the brink of default, Mr. Donahoe testified. The
Postal Service requires radical change to its business model if is to
remain viable in the future.
.
Mr. Berry said the Obama administration would push for legislation to
allow a three-month delay in the $5.5 billion payment. But he stopped
short of endorsing a far-reaching proposal, backed by the postal service,
to allow the agency to claw back more than $50 billion that two
independent actuaries have said the post office has overpaid into a major
federal pension plan. Postal Service officials say such a move would go
far to alleviate the agencys financial problems.
.
.
The complete article may be read at the URL above.
.
.
Sincerely,
David Dillard
Temple University
(215) 204 - 4584
jwne@xxxxxxxxxx
http://daviddillard.businesscard2.com
Net-Gold
http://groups.yahoo.com/group/net-gold
http://listserv.temple.edu/archives/net-gold.html
Index: http://tinyurl.com/myxb4w
http://groups.google.com/group/net-gold?hl=en
General Internet & Print Resources
http://guides.temple.edu/general-internet
COUNTRIES
http://guides.temple.edu/general-country-info
EMPLOYMENT
http://guides.temple.edu/EMPLOYMENT
TOURISM
http://guides.temple.edu/tourism
DISABILITIES
http://guides.temple.edu/DISABILITIES
INDOOR GARDENING
http://tech.groups.yahoo.com/group/IndoorGardeningUrban/
Educator-Gold
http://groups.yahoo.com/group/Educator-Gold/
K12ADMINLIFE
http://groups.yahoo.com/group/K12AdminLIFE/
The Russell Conwell Learning Center Research Guide:
THE COLLEGE LEARNING CENTER
http://tinyurl.com/yae7w79
Nina Dillard's Photographs on Net-Gold
http://tinyurl.com/36qd2o
and also http://gallery.me.com/neemers1
http://www.flickr.com/photos/neemers/
Twitter: davidpdillard
Bushell, R. & Sheldon, P. (eds),
Wellness and Tourism: Mind, Body, Spirit,
Place, New York: Cognizant Communication Books.
Wellness Tourism: Bibliographic and Webliographic Essay
David P. Dillard
http://tinyurl.com/p63whl
http://tinyurl.com/ou53aw
INDOOR GARDENING
Improve Your Chances for Indoor Gardening Success
http://tech.groups.yahoo.com/group/IndoorGardeningUrban/
http://groups.google.com/group/indoor-gardening-and-urban-gardening
SPORT-MED
https://www.jiscmail.ac.uk/lists/sport-med.html
http://groups.google.com/group/sport-med
http://groups.yahoo.com/group/sports-med/
http://listserv.temple.edu/archives/sport-med.html
HEALTH DIET FITNESS RECREATION SPORTS TOURISM
http://health.groups.yahoo.com/group/healthrecsport/
http://groups.google.com/group/healthrecsport
http://healthrecsport.jiglu.com/
http://listserv.temple.edu/archives/health-recreation-sports-tourism.html
.
.
Please Ignore All Links to JIGLU
in search results for Net-Gold and related lists.
The Net-Gold relationship with JIGLU has
been terminated by JIGLU and these are dead links.
http://groups.yahoo.com/group/Net-Gold/message/30664
http://health.groups.yahoo.com/group/healthrecsport/message/145
.
.
Other related posts:
- » [net-gold] UNITED STATES: GOVERNMENT : POSTAL SERVICE AND MAIL DELIVERY : FINANCE : BANKRUPTCY: White House to Propose Plan to Help Postal Service - David P. Dillard
