The document discusses the history and current state of the United States Postal Service. It notes that while the USPS once turned profits and had a monopoly on mail delivery, it now faces financial struggles due to declining mail volume and rising costs and debt load. Congress has mandated services that lose money but restricts the Postal Service's ability to cut costs significantly in response.
The document discusses the history and current state of the United States Postal Service. It notes that while the USPS once turned profits and had a monopoly on mail delivery, it now faces financial struggles due to declining mail volume and rising costs and debt load. Congress has mandated services that lose money but restricts the Postal Service's ability to cut costs significantly in response.
The document discusses the history and current state of the United States Postal Service. It notes that while the USPS once turned profits and had a monopoly on mail delivery, it now faces financial struggles due to declining mail volume and rising costs and debt load. Congress has mandated services that lose money but restricts the Postal Service's ability to cut costs significantly in response.