WASHINGTON — Members of a Senate committee said Thursday that the U.S. Postal Service, which continues to struggle amid ongoing financial losses and mounting debt, needs to make massive changes if it hopes to thrive in the digital age.
The hearing before the Senate Homeland Security and Governmental Affairs Committee came a day after the Postal Service said it would seek to raise postal rates by 5.9 percent — including increasing a first-class stamp to 49 cents from 46 cents — in order to cope with its financial difficulties.
Congress is considering legislation that would revamp the Postal Service’s operations; if it passes, the proposed rate increase might be dropped. The chairman and the ranking member of the committee, Sens. Thomas Carper, D-Del., and Tom Coburn, R-Okla., introduced the Postal Reform Act of 2013 in August.
“Dr. Coburn and I believe that our bipartisan bill provides a road map to enable the Postal Service to return to profitability, not just in the near term, but to remain there in the long term,” Carper said.