USPS and Its Future

USPS improved its numbers across the board in 2016, reaching record growth in certain categories, but still lost money due to retiree health benefits prefunding requirements and April’s exigent rollback, which cost USPS about $1 billion this year.

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The last member of the U.S. Postal Service’s Board of Governors vacated his position on Dec. 8, leaving the group — which is supposed to have nine members — completely depopulated. That’s never happened before, and it’s leaving the USPS’ future uncertain.

The U.S. Postal Service wants to jump on the drone delivery bandwagon, but the American people are not entirely sure about the idea just yet.

The most recent plan to save the Postal Service involves taking a page out of the private sector’s book: required enrollment in Medicare.