The WasteWatcher: The Staff Blog of Citizens Against Government Waste

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USPS’s 12 Years of Financial Woe

On November 14, 2018, the United States Postal Service (USPS) announced that, for the 12th year running, it lost money.  While this annual revelation has become something of a dog bites man story, the new, and more alarming news was that the $3.9 billion loss will outstrip its FY 2017 losses, which were $2.7 billion, and its net “controllable” income went from a $610 million profit to a $8

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