The U.S. Congress Must Help USPS Grow Revenues, Says GAO

For USPS to pull itself out of its current financial difficulties, it cannot just rely on pension and healthcare reforms and high-profile cost-cutting measures—it must also find fresh ways to raise new revenue streams. That is the central message of a new report from the U.S. Government Accountability Office (GAO) sent to Congress this week.

The GAO sheds light on dozens of revenue-raising initiatives that the Postal Service has been pursuing in recent years, but also warns that many have been abandoned for various reasons including the fact that Congress decided...to restrict USPS to providing only products and services that could