{"id":4040,"date":"2019-12-12T08:02:26","date_gmt":"2019-12-12T13:02:26","guid":{"rendered":"http:\/\/kevinrkosar.com\/wordpress\/?p=4040"},"modified":"2019-12-12T08:02:26","modified_gmt":"2019-12-12T13:02:26","slug":"we-deliver-for-who-usps-financial-woes-continue-congressional-reform-unlikely","status":"publish","type":"post","link":"https:\/\/kevinrkosar.com\/wordpress\/we-deliver-for-who-usps-financial-woes-continue-congressional-reform-unlikely\/","title":{"rendered":"We deliver for who? USPS financial woes continue; congressional reform unlikely"},"content":{"rendered":"<div id=\"attachment_2798\" style=\"width: 620px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/kevinrkosar.com\/wordpress\/wp-content\/uploads\/2014\/11\/US-Postal-Service-Logo.png\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-2798\" data-attachment-id=\"2798\" data-permalink=\"https:\/\/kevinrkosar.com\/wordpress\/yes-the-government-can-open-your-mail-without-a-warrant\/us-postal-service-logo\/\" data-orig-file=\"https:\/\/kevinrkosar.com\/wordpress\/wp-content\/uploads\/2014\/11\/US-Postal-Service-Logo.png\" data-orig-size=\"1500,1125\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"US Postal Service Logo\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;What&amp;#8217;s in the mail? Less and lower margin stuff. Source: Wikipedia.&lt;\/p&gt;\n\" data-medium-file=\"https:\/\/kevinrkosar.com\/wordpress\/wp-content\/uploads\/2014\/11\/US-Postal-Service-Logo-300x225.png\" data-large-file=\"https:\/\/kevinrkosar.com\/wordpress\/wp-content\/uploads\/2014\/11\/US-Postal-Service-Logo-1024x768.png\" class=\"size-large wp-image-2798\" src=\"https:\/\/kevinrkosar.com\/wordpress\/wp-content\/uploads\/2014\/11\/US-Postal-Service-Logo-1024x768.png\" alt=\"\" width=\"610\" height=\"458\" srcset=\"https:\/\/kevinrkosar.com\/wordpress\/wp-content\/uploads\/2014\/11\/US-Postal-Service-Logo-1024x768.png 1024w, https:\/\/kevinrkosar.com\/wordpress\/wp-content\/uploads\/2014\/11\/US-Postal-Service-Logo-300x225.png 300w, https:\/\/kevinrkosar.com\/wordpress\/wp-content\/uploads\/2014\/11\/US-Postal-Service-Logo.png 1500w\" sizes=\"auto, (max-width: 610px) 100vw, 610px\" \/><\/a><p id=\"caption-attachment-2798\" class=\"wp-caption-text\">Source: Wikipedia.<\/p><\/div>\n<p>About $8.8 billion \u2014 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.<\/p>\n<p>To be sure, some of that deficit is due to actuarial factor. For example, USPS\u2019s workers\u2019 compensation charge was $3.5 billion last year \u2014 much higher than usual due to a change in the way this expense is computed. But even if one wipes away this expense and other \u201cuncontrollable costs,\u201d the U.S. Postal Service still lost $3.4 billion&#8230;.(<a href=\"https:\/\/www.realclearpolicy.com\/articles\/2019\/12\/12\/we_deliver_for_who_usps_financial_woes_continue_congressional_reform_unlikely_111333.html\">Read more<\/a>)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>About $8.8 billion \u2014 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. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[161],"tags":[183],"class_list":["post-4040","post","type-post","status-publish","format-standard","hentry","category-postal-service","tag-real-clear-policy"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/pBCzY-13a","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/posts\/4040","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/comments?post=4040"}],"version-history":[{"count":1,"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/posts\/4040\/revisions"}],"predecessor-version":[{"id":4041,"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/posts\/4040\/revisions\/4041"}],"wp:attachment":[{"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/media?parent=4040"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/categories?post=4040"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/tags?post=4040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}