In a First, the PRC Releases a Special Report on USPS Finances

If the U.S. Postal Service were truly a free-market player in American business, it would most likely be in bankruptcy court about now, according to a detailed analysis of the Post Office's 2013 financial results released today by the Postal Regulatory Commission (PRC).

"In response to the many concerns and questions regarding the financial position of the United States Postal Service, my colleagues and I have determined that our analysis...should be published separately to provide greater clarity, transparency, and accountability," wrote PRC Chairman Ruth Goldway in an introductory letter to the report.