Postmaster’s pay to be probed
Raises, bonuses mount while service struggles
Jim McElhatton (Contact)
Monday, February 23, 2009
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Congress will hold a hearing next month into why Postmaster General John E. Potter has gotten a nearly 40 percent pay raise since 2006 and was awarded a six-figure incentive bonus last year, even as the U.S. Postal Service faces a multibillion-dollar shortfall that threatens a day of mail delivery.
Postmaster General John E. Potter received a compensation package totaling more than $800,000 for fiscal 2008.
“Last year, the Postal Service took a loss of nearly $3 billion and recommended that the public take austere cuts in service to allow it to operate, including cutting a day of mail delivery and raising the price of stamps,” Rep. Stephen F. Lynch, Massachusetts Democrat, said Friday.
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Didn’t Congress and the President limit executive compensation of all those who took Federal bailout money?
Guess they just forgot this political, and all, political hacks.
What about Amtrak?
It’s all a giant joke!
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