Researcher and Writer in Washington, DC

Posts in category Postal Service

Voting by mail will become the n...

Voting by mail will become the norm

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 Postal Service’s $130 billion prob...

The Postal Service’s $130 billion problem

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. If that happens, the USPS […]

We deliver for who? USPS financial woes continue; congressional reform unlik...

We deliver for who? USPS financial woes continue; congressional reform unlikely

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 is due to actuarial factor. […]

Financial collapse of the United States Postal Service is com...

Financial collapse of the United States Postal Service is coming

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 billion mail pieces per year, […]

How does Trump’s budget propose to fix the Postal Servi...

How does Trump’s budget propose to fix the Postal Service?

The U.S. Postal Service (USPS) lost $3.9 billion in 2018. The agency also failed to make a $6.9 billion payment to cover its retiree health and pension benefits. Mail volume is down more than 25 percent since 2008, leaving the postman with less revenue. So what does President Donald J. Trump propose to do to right the USPS’ ship? […]

Five charts show the grim financial condition of the U.S. Postal Serv...

Five charts show the grim financial condition of the U.S. Postal Service

Last year, the U.S. Postal Service (USPS) ran a deficit of $3.9 billion. Unfortunately, losses are the rule rather than the exception for the agency. All this red ink has flowed despite USPS’s aggressive move into the parcel delivery business. These five charts depict the immensity of USPS’s financial challenges. The Postal Service was designed […]

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