A proposal pending before the Postal Regulatory Commission would authorize the U.S. Postal Service to dramatically increase prices on consumers, while the agency’s long-standing financial mismanagement is largely ignored.
In recent years, the Postal Service’s already precarious financial situation has worsened. In the last decade, the agency has reported more than $65 billion in losses while consistently missing quality targets. In 2017 alone, its deficits totaled $2.7 billion.
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