As has been pointed out repeatedly in the past few years, United States Postal Service (USPS) management continues to struggle mightily to enact efficiencies or carve out savings from its operations. And this continues to be the case despite the dramatic drop in mail volume and USPS Postmaster General (PMG) Megan Brennan’s regular declarations and […]
USPS will run out of money in five years as it approaches its 13th consecutive year with a multi-billion dollar loss.
Math is hard. Especially when it comes to the USPS and its attempts to save money.
Healthcare, Budget, Postal Service
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, […]
There are many commonsense reforms that the task force should examine that could put the USPS on a sustainable financial path and help it perform more like a private-sector business.
On July 19, 2017, the Senate Committee on Homeland Security and Government Affairs (HSGAC) held a hearing titled, “The Postal Service’s Actions During the 2016 Campaign Season: Implications for the Hatch Act.” During testimony from both the United States Postal Service’s (USPS) Office of the Inspector General (OIG) and the Office of Special Counsel (OSC), it was revealed that the USPS violated federal law, the Hatch Act, during the 2016 campaign cycle.
It is no secret that the United States Postal Service (USPS) is broke and broken. The agency’s low standards of delivery are rarely achieved, it has billions in losses and unfunded liabilities, and it has failed to adapt to changing markets. Reforms are essential, but H.R. 756, the Postal Service Reform Act, falls short of what is needed.
On December 8, 2016, Chairman James Bilbray of the U.S. Postal Service (USPS) Board of Governors served his final day, leaving the board with no independent governors for the first time in its short history. As of this writing, only the Postmaster General and the Deputy Postmaster General make up the members of the “independent” […]
On September 20, 2016, the United States Postal Service (USPS) Office of the Inspector General (OIG) released a report titled “The Oversight of Oil and Gas Mineral Rights.” The report sought to assess USPS’ oversight of their oil and gas mineral rights. What should surprise no one, the OIG found that there is significant room […]
