As you probably have heard, the U.S. Postal Service is in a bad way. The Senate has not bothered to vote on appointees to the USPS board. Thus, instead of usual nine governors overseeing its operations, there is just one. This is not good, what with the reports of mail increasingly being delivered more slowly and to the wrong addresses.
Especially problematic is that agency that Ben Franklin built has been running deficits for years. Big ones. The Postal Service is supposed to be self-funding, but it’s getting harder and harder for it to maintain that status, because there is less and less mail. Less mail means less revenue. The USPS’ revenues have slid from $75 billion in 2008 to $69 billion in 2015…. (Read more at the R Street Institute Blog)