USPS Reports (Yet Again) More Staggering Financial Losses

Nearly a year into its supposed “Delivering for America” 10-year plan, the United States Postal Service (USPS) has showed little semblance of fiscal responsibility. But their financial turmoil continues, as the USPS just announced an astounding $1.3 billion in losses for the latest quarter. The agency continues to fall billions of dollars in the red […]

The Economic Standard: USPS Need Changes as Fiscal Chaos Deepens

On November 10th, the U.S. Postal Service Board of Governors revealed that the United States Postal Service (USPS) lost $4.9 billion in 2021. This most recent financial statement solidifies the 15th consecutive year the postal service has suffered a year-end loss of more than a billion dollars. This is a major problem and should be […]

ICYMI: US Postal Service Reform Could Offer USPS Enduring Fiscal Health

ICYMI: President and CEO of the American Consumer Institute (ACI) Steve Pociask recently opined in RealClearPolicy that the U.S. Postal Service needs reform in order to solve its ongoing financial problems. He optimistically notes that both Congress and leadership in agency recognize there is a problem and have expressed willingness to problem solve these issues, […]

Real Clear Policy: Reform Could Offer USPS Enduring Fiscal Health

The USPS has a variety of issues it must remedy before it can adequately fulfill its mission to provide the nation with reliable, affordable, universal mail service. Nevertheless, if the correct procedures are put in place, the agency will be able to provide consumers with valuable services without financially relying on taxpayers. You can read the full […]

The Economic Standard: After 10,000 Postal Documents, No Business Plan in Sight

As the U.S. Postal Service remains a topic of great interest for lawmakers, taxpayers, and the general public, a non-profit group, American Oversight notably received a vast trove of documents dating back to early 2020. The collection of nearly 10,000 pages released on September 17th includes communications of former Postmaster General Megan Brennan on the subject of the […]

The Economic Standard: Claims about USPS Mail Delays Omit the Facts and Current Realities

With only a few weeks to go before the US Presidential Election, the subject of the U.S. Postal Service’s operational capacities, and specifically, the agency’s ability to handle election mail has drawn an inordinate number of commenters, pundits, and doomsayers into what has been a longstanding debate. Contrary to many insinuations, long-time leaders of USPS maintain that the organization […]

ICYMI: Postmaster General is Delivering Important Postal Fixes

Last week, American Consumer Institute CEO and President Steve Pociask published an op-ed in Real Clear Policy, highlighting the new reforms that Postmaster General Louis DeJoy has brought to the Postal Service. In less than four months, DeJoy has been able to implement meaningful reform, despite being delayed due to over-politicization and misinformation. Specifically, Pociask points […]

Real Clear Policy: Postmaster General is Delivering Important Postal Fixes

When Postmaster General (PMG) Louis DeJoy took the helm of the United States Postal Service in May, he inherited a dismal situation and an extensive list of problems to solve after years of curious decision-making by management and ongoing failures to correct the agency’s troubling financial and quality performance. Prospects for the Postal Service’s independent […]

U.S. Postal Service Kicks Off 2020 with More Fiscal Chaos While Dodging Meaningful Reforms

Every quarter the United States Postal Service releases their financial statement, and every quarter it reveals grim losses that climb well into the hundreds of millions. For the first quarter of fiscal year 2020, the USPS has managed to hemorrhage $748 million in losses, an ominous sign as they limp into the new decade. The […]