Is the U.S. Postal Service Sustainable?
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An independent establishment of the executive branch, U.S. Postal Service (USPS) is required to provide prompt, reliable, and efficient services to the public. While USPS is to be self-sustaining, it lost about 78 billion dollars from fiscal years 2007 through 2019 due primarily to declining mail volume, increased employee compensation and benefit costs, and increased unfunded liabilities and debt...
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An independent establishment of the executive branch, U.S. Postal Service (USPS) is required to provide prompt, reliable, and efficient services to the public. While USPS is to be self-sustaining, it lost about 78 billion dollars from fiscal years 2007 through 2019 due primarily to declining mail volume, increased employee compensation and benefit costs, and increased unfunded liabilities and debt...
Read more