When it comes to the mail, the Covid-19 crisis is catching America in a vise. On one hand, it has revealed just how much we depend on the U.S. Postal Service. It is the lone government agency that visits our homes and businesses on most days, and with stores largely
Over the weekend, #postalservice began trending on Twitter. That’s weird, seeing as the Post Office is, well, the Post Office. And I say that as someone who has spent 17 years studying postal policy. (Thank you for your sympathy.) The Twitter-steria stemmed from a report that the Trump administration opposed giving the
To date, five states—Georgia, Kentucky, Louisiana, Maryland and Ohio—have postponed their presidential primaries. More states may well follow. But these elections cannot be put off indefinitely. Parties need to hold their conventions and select a presidential nominee before the autumn general election….(Read more)
The United States Postal Service has many troubles. Mail volume has plunged more than 30 percent since 2007. The agency, which was designed to be self-funding, has run deficits for many years. And earlier this year, the postmaster general told Congress the agency would run out of cash in 2024.
About $8.8 billion — that is how much the U.S. Postal Service lost in the past year. That is an eye-popping number. The agency is also carrying $11 billion in debt and has more than $120 billion in funded pension and health liabilities. To be sure, some of that deficit
The United States Postal Service (USPS) will run out of cash in five years. Postmaster General Megan Brennan shared this news in testimony before the House Oversight and Government Reform Committee earlier this month. The immediate consequence of USPS becoming insolvent would be that the world’s largest postal system — which still moves 150