U.S. Postmaster General Louis DeJoy told lawmakers that U.S. mail system is losing $10 billion a year and urgently needs reform and legislative relief from Congress.
“I would suggest that we are on a death spiral,” DeJoy told the U.S. House Oversight and Government Reform committee at a hearing Wednesday, who did not rule out changing first-class deliver standards or other significant changes.
DeJoy, a supporter of former President Donald Trump appointed to head the Postal Service last year, suspended operational changes in August after heavy criticism over postal delays. He plans to release a new 10-year strategic “break-even” plan soon.
