Liz Swain 4:24 p.m., May 24
Issa Responds To President's Plan to Save Postal Service
In his new deficit reduction plan, President Obama supports a plan that would end Saturday mail delivery for the U.S. Postal Service.With hopes of reforming the cash-strapped postal service, the President also supports transferring $7 billion from a retirement fund in addition to having the postal service offer more retail options.
According to the Washington Post, the proposal will result in approximately $20 billion in savings.
However, North County conservative congressman, and chair of the House Oversight and Government Reform Committee, Darrell Issa, says Obama's plan is akin to a game of kick the can.
Soon after Obama unveiled his proposal, Issa responded on the committee's website.
“The President’s proposal is not what taxpayers or the Postal Service needs," read Issa's response.
"The President’s plan to achieve savings for the Postal Service does so by sticking taxpayers with the tab."
Issa says the his committee will look into other proposals, ones that don't use a "insidious budget gimmicks." The Oversight Committee will move forward and consider a separate proposal Wednesday, the Postal Reform Act, that will produce at least $10.7 billion annually in savings for the Postal Service and doesn’t stick taxpayers with the bill."