USPS Leaks Reveal an Agency That Wants a Bailout But Needs Reform

The records contain communications about the post office that "Depict an agency in distress, as its deteriorating finances collided with a public-health emergency and a looming election that would be heavily reliant on absentee ballots," according to the Washington Post.

While the Post's account included several needless, baseless swipes at the Trump administration, even their account couldn't obscure how the records prove the USPS's desperate need for substantive, long-term reform.

American Oversight posted all the post office documents, but has left a report online of key findings from the internal documentation that shows an organization badly in need of reform but begging for bailouts.

In 2019, the Postal Service lost $8.8 billion, and losses posted in the third quarter for the 2020 fiscal year show the agency is on track for an even bigger loss this year.

A Citigroup analysis found that each box the post office delivered gets a subsidy of $1.46, proving the president right in his long-time insistence that the post office is undercharging.

The post office needs to better align costs with revenues, abandoning mail products that can't cover their direct costs.

The post office exists to support the U.S. taxpayer; the U.S. taxpayer doesn't exist to support the post office.

https://spectator.org/usps-wikileaks-bailout-reform/