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? […]
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 […]
Yesterday, the Trump administration unveiled its recommendations for reforming the ailing U.S. Postal Service (USPS). Due to plunging mail volume and rising costs, USPS lost $4 billion last year and has $130 billion in unfunded pension and health care obligations. The 74-page report was issued by the U.S. Treasury, which headed the Task Force on the United States Postal System. Secretary […]
It has been a few years since I queued up at a polling place, and I am the happier for it. Don’t get me wrong, I am a sucker for the pageantry: citizen volunteers man polling places; activists outside hand out flyers in hopes of swinging votes; I get a little sticker to wear proudly […]
Read it at http://www.rstreet.org/wp-content/uploads/2018/01/Final-128.pdf
What’s going on with the Russia investigation? For most of us, the answer likely is, “Beats me.” It seems every week or two there’s a media report about Congress holding a hearing or some member of Team Trump or other person being called in to testify: James Comey, Paul Manafort, Donald Trump Jr. The facts […]
