{"id":4635,"date":"2021-11-15T10:13:20","date_gmt":"2021-11-15T15:13:20","guid":{"rendered":"http:\/\/kevinrkosar.com\/wordpress\/?p=4635"},"modified":"2021-11-15T10:13:24","modified_gmt":"2021-11-15T15:13:24","slug":"the-postal-service-has-been-independent-and-self-funding-for-50-years-will-congressional-democrats-put-an-end-to-that","status":"publish","type":"post","link":"https:\/\/kevinrkosar.com\/wordpress\/the-postal-service-has-been-independent-and-self-funding-for-50-years-will-congressional-democrats-put-an-end-to-that\/","title":{"rendered":"The Postal Service has been independent and self-funding for 50 years. Will congressional Democrats put an end to that?"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"716\" height=\"534\" data-attachment-id=\"4637\" data-permalink=\"https:\/\/kevinrkosar.com\/wordpress\/the-postal-service-has-been-independent-and-self-funding-for-50-years-will-congressional-democrats-put-an-end-to-that\/usps-revenues-2007-2021\/\" data-orig-file=\"https:\/\/kevinrkosar.com\/wordpress\/wp-content\/uploads\/2021\/11\/USPS-Revenues-2007-2021.png\" data-orig-size=\"716,534\" 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=\"USPS-Revenues-2007-2021\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/kevinrkosar.com\/wordpress\/wp-content\/uploads\/2021\/11\/USPS-Revenues-2007-2021-300x224.png\" data-large-file=\"https:\/\/kevinrkosar.com\/wordpress\/wp-content\/uploads\/2021\/11\/USPS-Revenues-2007-2021.png\" src=\"https:\/\/kevinrkosar.com\/wordpress\/wp-content\/uploads\/2021\/11\/USPS-Revenues-2007-2021.png\" alt=\"\" class=\"wp-image-4637\" srcset=\"https:\/\/kevinrkosar.com\/wordpress\/wp-content\/uploads\/2021\/11\/USPS-Revenues-2007-2021.png 716w, https:\/\/kevinrkosar.com\/wordpress\/wp-content\/uploads\/2021\/11\/USPS-Revenues-2007-2021-300x224.png 300w\" sizes=\"auto, (max-width: 716px) 100vw, 716px\" \/><figcaption>Source: Figure by Kevin R. Kosar from data in USPS Annual 10-K statements.<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Last week, the US Postal Service (USPS) announced that it had brought in\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/about.usps.com\/newsroom\/national-releases\/2021\/1110-usps-reports-fiscal-year-2021-results.pdf\" target=\"_blank\">$77 billion<\/a>\u00a0in revenue in the past year. That record-setting number popped a few eyes. It is $4 billion more than the agency reaped last year, and it exceeds the agency\u2019s high-water mark (2008) by $3 billion, buoyed by soaring parcel volumes&#8230;. (<a href=\"https:\/\/www.aei.org\/politics-and-public-opinion\/the-postal-service-has-been-independent-and-self-funding-for-50-years-will-congressional-democrats-put-an-end-to-that\/\">Read more<\/a>)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last week, the US Postal Service (USPS) announced that it had brought in\u00a0$77 billion\u00a0in revenue in the past year. That record-setting number popped a few eyes. It is $4 billion more than the agency reaped last year, and it exceeds the agency\u2019s high-water mark (2008) by $3 billion, buoyed by soaring parcel volumes&#8230;. (Read more)<\/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":[227],"class_list":["post-4635","post","type-post","status-publish","format-standard","hentry","category-postal-service","tag-aei-blog"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/pBCzY-1cL","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/posts\/4635","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=4635"}],"version-history":[{"count":1,"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/posts\/4635\/revisions"}],"predecessor-version":[{"id":4638,"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/posts\/4635\/revisions\/4638"}],"wp:attachment":[{"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/media?parent=4635"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/categories?post=4635"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/tags?post=4635"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}