{"id":22310,"date":"2020-11-17T21:44:32","date_gmt":"2020-11-17T21:44:32","guid":{"rendered":"https:\/\/one.sightlinemg.com\/federaltimes\/uncategorized\/2020\/11\/17\/postal-workers-call-for-support-after-a-rough-financial-report\/"},"modified":"2026-08-08T04:53:45","modified_gmt":"2026-08-08T04:53:45","slug":"postal-workers-call-for-support-after-a-rough-financial-report","status":"publish","type":"post","link":"https:\/\/one.sightlinemg.com\/federaltimes\/management\/2020\/11\/17\/postal-workers-call-for-support-after-a-rough-financial-report\/","title":{"rendered":"Postal workers call for support after a rough financial report"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">U.S. postal workers held a day of action Nov. 17 to call on Congress for financial support for the Postal Service and a reversal of <a href=\"https:\/\/www.federaltimes.com\/management\/2020\/08\/07\/usps-plans-for-hiring-freezes-early-retirements-under-continued-losses\/\" target=_blank>new policies<\/a> introduced by the new Postmaster General Louis DeJoy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The day of action, hosted by the American Postal Workers Union, asked members of Congress to pass $25 billion in immediate financial support for USPS, after both the pandemic and longstanding financial challenges have stretched the agency thin.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cWe want to continue to deliver prompt, reliable and efficient service,\u201d said APWU President Mark Dimondstein in a news release.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThe pandemic isn\u2019t over. The 2020 election wasn\u2019t our last rodeo; we have more voting by mail to come. The USPS plays a vital role for this country. Let\u2019s make sure it works for all of us.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">On Friday, USPS released its fiscal year 2020 report, which found that declining mail volume, pandemic impacts and ongoing financial challenges had put the agency at a $9.2 billion loss for the year, an increase of $363 million from last year\u2019s loss.<\/p>\n\n\n\t<aside class=\"smg-interstitial-link wp-block-smg-interstitial-link\">\n\t\t<a href=\"https:\/\/one.sightlinemg.com\/federaltimes\/congress\/2020\/09\/03\/house-subpoenas-embattled-postal-service-leader-over-delays\/\" class=\"smg-interstitial-link__inner\">\n\t\t\t\t\t\t\t<div class=\"smg-interstitial-link__media\">\n\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"200\" src=\"https:\/\/one.sightlinemg.com\/wp-content\/uploads\/2026\/08\/AP20237604754141.jpg.jpg?w=300\" class=\"smg-interstitial-link__image wp-post-image\" alt=\"\" \/>\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"smg-interstitial-link__content\">\n\t\t\t\t<span class=\"smg-interstitial-link__kicker\">Related<\/span>\n\t\t\t\t<h3 class=\"smg-interstitial-link__title\">House subpoenas embattled Postal Service leader over delays<\/h3>\n\t\t\t\t\t\t\t\t\t<p class=\"smg-interstitial-link__excerpt\">The House Oversight Committee on Wednesday subpoenaed Postmaster General Louis DeJoy for records about the widespread mail delivery delays that have pulled the Postal Service into the political spotlight as it prepares to handle an onslaught of ballots in the November election.<\/p>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/a>\n\t<\/aside>\n\t\n\n\n<p class=\"wp-block-paragraph\">Part of that loss comes from steadily declining first class and marketing mail volumes, which make up the bulk of USPS revenue.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The pandemic did cause a dramatic increase in package volumes, which the agency expects to sustain after the COVID-19 crisis, but, \u201cwe do not expect our package revenue growth over the medium-to-long term to make up for our losses in mail service revenue caused by COVID-19,\u201d according to USPS Chief Financial Officer Joseph Corbett.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThese figures, driven by the economic shutdown\u2019s impact on first-class mail, show the need for federal assistance during the pandemic, just as other sectors have received. Over the past eight months and counting, the United States Postal Service has demonstrated its essential value, with tens of millions of Americans sheltering at home during this public health crisis while postal employees deliver needed supplies, medications and much more,\u201d National Association of Letter Carriers President Frederic Rolando said in a statement.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cMeanwhile, the Postal Service has proven vital in protecting the core of our democracy \u2014 the right of citizens to choose their leaders \u2014 by facilitating an historic volume of mail ballots during that same health crisis. Perhaps never in its 245 years has the public post office been more indispensable to the country.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Members of Congress and the postmaster general himself have been at odds over how best to address that funding discrepancy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">DeJoy was <a href=\"https:\/\/www.federaltimes.com\/management\/leadership\/2020\/05\/07\/republican-donor-fundraiser-dejoy-next-postmaster-general\/\" target=_blank>chosen by the USPS Board of Governors<\/a> to lead the agency back in May, and his decision to institute sweeping policies \u2014 removal of mail boxes and sorting machines, reducing overtime hours and <a href=\"https:\/\/www.federaltimes.com\/management\/2020\/08\/24\/overtime-survives-but-usps-truck-policies-could-further-mail-delays\/\" target=_blank>requiring trucks to go out for delivery<\/a> on time no matter how full they were \u2014 received sharp criticism from postal worker organizations and Congress.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Perhaps the largest financial burden placed on the agency is the prefunding mandate, which requires USPS to set aside funding for retiree health care the moment that employee joins the agency, a requirement that has massive upfront costs and is placed on no other federal agency.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A bipartisan coalition in the House has pushed for <a href=\"https:\/\/www.federaltimes.com\/federal-oversight\/congress\/2020\/02\/05\/house-votes-to-do-away-with-massive-usps-financial-burden\/\" target=_blank>legislative reform<\/a> to remove the mandate, though some Republican members resisted making such a change without additional cost-cutting measures included in the bill.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Further changes, such as raising the cost of certain services or allowing the agency to expand the scope of its work, have been considered to boost revenue.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Postal workers are calling for Congress to provide financial assistance to the U.S. Postal Service, after the pandemic dealt a blow to its 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By:"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.0 (Yoast SEO v28.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Postal workers call for support after a rough financial report - Federal Times<\/title>\n<meta name=\"description\" content=\"Postal workers are calling for Congress to provide financial assistance to the U.S. Postal Service, after the pandemic dealt a blow to its income.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/one.sightlinemg.com\/federaltimes\/management\/2020\/11\/17\/postal-workers-call-for-support-after-a-rough-financial-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Postal workers call for support after a rough financial report\" \/>\n<meta property=\"og:description\" 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