The Postal Service Descends Further into Fiscal Chaos as Lawmakers Await a Sound Plan for the Future

In the latest financial report released by U.S. Postal Service for the second quarter of 2019, the agency reveals a clear continuation of its dire fiscal position as a result of destructive business practices. The new quarterly loss of $2.1 billion for the most recent three month period brings the Postal Service to a loss […]

Postal Service Faces Bleak Year as Its Harmful Business Practices Continue

While we are well into the new year, but not much has changed at the U.S. Postal Service. The agency continues to hemorrhage cash, miss quality of service targets, and accrue massive unfunded liabilities. In fiscal year 2018, the USPS reported $3.9 billion in losses — the latest in a decade-long trend of deepening operating […]

Postal Service Faces Bleak New Year as Its Harmful Business Practices Continue

It’s a new year, but not much has changed at the U.S. Postal Service. The agency continues to hemorrhage cash, miss quality of service targets, and accrue massive unfunded liabilities. In fiscal year 2018, the USPS reported $3.9 billion in losses — the latest in a decade-long trend of deepening operating deficits. And it’s not […]

Washington Examiner: Trouble at the Post Office

This month, the U.S. Postal Service, a government enterprise, released new data that provides further evidence of the agency’s financial woes. Net losses for the second quarter of 2018 totaled $1.3 billion, compared to a net loss of $562 million for the same period last year. The new data highlight the need for policymakers to […]

Washington Examiner: U.S. Postal Service Doesn’t Need More Money; It Needs Reform

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 […]

Dear Consumers: Get Ready for the Coming Postal Bailout

The latest news surrounding the U.S. Postal Service is that the price of stamps is climbing from 49 cents to now 50 cents next week. However, the Postal Service and its leadership aren’t being so forthcoming about the upcoming tidal wave of rate hikes that will impact millions of individuals across the country who use […]

With lots of work ahead for Congress, misinformation about Postal Reform continues

As Congress and the new Administration work on the new federal budget, there will be a heavy focus on creating the right conditions for generating economic growth and protecting taxpayers. Achieving these goals will stand to produce positive ripple effects across critical domestic markets and affect overall consumer well-being. Two of the primary avenues Congress […]

Forbes on Postal Reform and Fixing On-Time Delivery

Despite a lot of big ticket consumer-oriented issues coming into focus for Congress lately, like healthcare and tax reform, it is also apparent that the United States Postal Service (USPS) and its chaotic operations have also had the attention of some legislators on Capitol Hill. For the new administration, the possibility of fixing the long-plagued […]

Capitol Hill Panel on Postal Service Reform

The Taxpayers Protection Alliance hosted a Capitol Hill briefing on Postal reform. The panel included Steve Pociask (The American Consumer Institute), Justin Sykes (Americans for Tax Reform), Kevin Kosar (R Street Institute), and George Landrith (Frontiers of Freedom).  Currently, the Postal Service is falling far short of its Congressional objectives, is not meeting any of its on time mail […]