US/gov/USPS
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Insolvency Myth
It is often claimed that the USPS is in financial trouble, but this is a misrepresentation. Although the internet has reduced the volume of letters being mailed, the increased volume of packages (because of e-commerce) has more than made up for this. It is only in financial "trouble" because of relatively new rules (generally supported by the same forces who advocate "small government") requiring that it fund its retirement fund 75 years in advance. No other government agency has such a requirement. (See CWRE for details.)
Links
Reference
- Wikipedia
- Conservapedia
- dKosopedia
SourceWatch: no article as of 2014-02-02- CWRE: myths
News
- 2025-12-31 14:35 UTC [L..T] Postmark change could impact getting ballots, bills in on time «A USPS postmark used to indicate the date when mail was dropped in a mailbox or submitted at the post office counter. Now, USPS is clarifying in a new rule that the postmark will reflect the date an envelope is first processed by an automated USPS sorting machine, potentially days after it was dropped off – not the actual drop-off date.»