November 8, 2011
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2:58Now PlayingMore than 300 people jammed Sen. Bernie Sanders' town meeting at Montpelier High School Nov. 6 focused on how to save the U.S. Postal Service.
Sanders (I-Vt.) said he will introduce legislation this week to address the Postal Service's financial woes without resorting to drastic cutbacks in service and massive layoffs. He blamed the Postal Service's money troubles largely on accounting issues, including a law requiring it to set aside retiree health and retirement benefits far in advance.
Sanders criticized Postal Service management for not focusing on smarter ways to solve their financial problems. "Our goal must be to make the post office smarter and more competitive. We should not be engaged in a series of actions which could eventually lead to the destruction of the Postal Service," he said.
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