USPS News Release – April 2, 2021 The U.S. Postal Service continues to track our COVID-19-Related Operating Expenses consistent with our understanding with the Department of the Treasury. As of March 31, 2021, we have been reimbursed for such expenses in the cumulative amount of $8.648B pursuant to the terms of the CARES Act as…
Postmaster General Louis DeJoy testified before the U.S. House Financial Services and General Government Subcommittee on March 11. The subcommittee is part of the House Committee on Appropriations. The USPS Newsroom website has DeJoy’s full written testimony. Statement of PMG DeJoy – March 11, 2021 Source: USPS
Postmaster General Louis DeJoy issued a statement July 27 on the Postal Service’s efforts to achieve operational excellence and financial stability. “The Postal Service is in a financially unsustainable position, stemming from substantial declines in mail volume and a broken business model,” DeJoy writes. “We are currently unable to balance our costs with available funding…
