Postal Service Finance

Postal Service Finance
Author: United States. Congress. House. Committee on Post Office and Civil Service. Subcommittee on Postal Service
Publisher:
Total Pages: 44
Release: 1976
Genre:
ISBN:

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U. S. Postal Service's Financial Condition

U. S. Postal Service's Financial Condition
Author: Kevin R. Kosar
Publisher: DIANE Publishing
Total Pages: 16
Release: 2010-11
Genre: Political Science
ISBN: 1437931294

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Provides an overview of the U.S. Postal Service¿s (USPS) financial condition, recent legislation to alleviate the USPS¿s financial challenges, and issues for the 111th Congress. Since 1971, the USPS has been a self-supporting gov¿t. agency that covers its operating costs with revenues generated through the sales of postage and related products and services. Recently, the USPS has experienced significant financial challenges. Contents: (1) Background; (2) Financial Difficulties, FY 2006-09: (3) FY 2010 Financial Condition; (4) Issues for Congress: Increasing Revenues: Altering Postage Rates; Reducing Costs; Reducing Pension Costs; Reducing the USPS¿s Retail and Nonretail Facilities; Reducing Mail Delivery from 6 to 5 Days/Week. Illus.

Addressing the US Postal Service's Financial Crisis

Addressing the US Postal Service's Financial Crisis
Author: United States. Congress. Senate. Committee on Homeland Security and Governmental Affairs. Subcommittee on Federal Financial Management, Government Information, Federal Services, and International Security
Publisher:
Total Pages: 192
Release: 2012
Genre: Political Science
ISBN:

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U. S. Postal Service: Financial Crisis Demands Aggressive Action

U. S. Postal Service: Financial Crisis Demands Aggressive Action
Author: Phillip Herr
Publisher: DIANE Publishing
Total Pages: 13
Release: 2010-09
Genre: Political Science
ISBN: 1437931146

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The U.S. Postal Service's (USPS) financial condition and outlook deteriorated significantly during FY 2009. USPS was not able to cut costs fast enough to offset declining mail volume and revenues resulting from the economic recession and changes in the use of mail, such as electronic bill payment. The USPS needs to restructure to improve its financial viability. Declines in mail volume and revenue, large financial losses, increasing debt, and financial obligations will continue to challenge USPS. This testimony provides: (1) info. on USPS's financial condition and forecast; and (2) the need for USPS restructuring. In addition, questions and issues are included for Congress to consider regarding USPS's proposal to reduce delivery from 6 to 5 days.

U. S. Postal Service: Financial Challenges Continue, with Relatively Limited Results from Recent Revenue-Generation Efforts

U. S. Postal Service: Financial Challenges Continue, with Relatively Limited Results from Recent Revenue-Generation Efforts
Author: Phillip Herr
Publisher: DIANE Publishing
Total Pages: 16
Release: 2010-06
Genre: Business & Economics
ISBN: 1437925227

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The U.S. Postal Service's (USPS) financial condition and outlook deteriorated significantly during FY 2009. USPS was not able to cut costs fast enough to offset declining mail vol. and revenues resulting from the economic downturn and changing mail use. USPS would not be able to make the $5.4 billion payment to prefund postal retiree health benefits that was due by the end of the year. This testimony: (1) updates USPS's financial condition and outlook; (2) describes changes made by the Postal Account. and Enhancement Act of 2006 that provided USPS with greater flexibility to generate revenues; (3) outlines USPS's revenue-generation actions and results using this flexibility; and (4) discusses options to generate increased revenues in the future.

The Financial State of the U.S. Postal Service

The Financial State of the U.S. Postal Service
Author: United States. Congress. House. Committee on Oversight and Government Reform. Subcommittee on Federal Workforce, Postal Service, and the District of Columbia
Publisher:
Total Pages: 320
Release: 2009
Genre: Political Science
ISBN:

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The Financial Outlook of the U.S. Postal Service

The Financial Outlook of the U.S. Postal Service
Author: United States. Congress. Senate. Committee on Governmental Affairs
Publisher:
Total Pages: 202
Release: 2002
Genre: Political Science
ISBN:

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U. S. Postal Service

U. S. Postal Service
Author: Phillip Herr
Publisher: DIANE Publishing
Total Pages: 80
Release: 2010-08
Genre: Business & Economics
ISBN: 1437932096

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The Postal Accountability and Enhancement Act of 2006 required an evaluation of strategies and options for reforms of the U.S. Postal Service (USPS). USPS¿s business model is to fulfill its mission through self-supporting, businesslike operations; however, USPS has experienced increasing difficulties. Due to volume declines, losses, a cash shortage, and rising debt, the USPS was added to a high-risk list in July 2009. The objectives of this report were to assess: (1) the viability of USPS¿s business model; (2) strategies and options to address challenges to its business model; and (3) actions Congress and USPS need to take to facilitate progress toward financial viability. Includes recommendations. Charts and tables.