Time for Postal Service to send Congress “Dear John letter”

Posted on January 2, 2018January 2, 2018 by 21cpw

By Dennis Wyatt – January 2, 2018 The Twitter in Chief has a point. Big businesses seem to benefit from indirect subsidies from the United States Postal Service in the form of rates that do not cover basic costs given USPS lost $5.6 billion in 2016. President Trump last week tweeted the Postal Service…

GAO Report: Key Considerations for Potential Changes to USPS’s Monopolies

Posted on July 25, 2017July 25, 2017 by 21cpw

GAO-17-543, Published: Jun 22, 2017 Publicly Released: Jul 24, 2017 What GAO Found The value of the U.S. Postal Service’s (USPS) letter delivery and mailbox monopolies was $5.45 billion in fiscal year 2015, according to the most recent estimate prepared by the Postal Regulatory Commission (PRC), the regulator of USPS. This figure suggests that USPS’s…