Congressional Research Service Report: “The U.S. Postal Service: Common Questions About Post Office Closures” Summary In recent years, the U.S. Postal Service (USPS) has announced initiatives to close up to 4,380 USPS retail facilities in rural, suburban, and urban areas. In May 2012, the agency may have changed course. The USPS issued a plan to […]
Below is a summary from The Congressional Research Service’s report on “The U.S. Postal Service’s Financial Condition:Overview and Issues for Congress” This report provides an overview of the U.S. Postal Service’s (USPS’s) financial condition,legislation enacted to alleviate the USPS’s financial challenges, and possible issues for the 112th Congress. It also includes a side-by-side comparison of […]
In late July 2011, the U.S. Postal Service (USPS) announced it was considering the closure of 3,652 retail postal facilities. These are not the only USPS facilities that might discontinue operations. An additional 728 retail postal facilities are being considered for closure under a 2009 USPS initiative, for a total of 4,380 USPS retail facilities.
Congressional Research Service Report Summary President George W. Bush signed the Postal Accountability and Enhancement Act (PAEA; P.L.109-435; 120 Stat. 3198) on December 20, 2006. The PAEA was the first broad revision of the 1970 statute that replaced the U.S. Post Office with the U.S. Postal Service (USPS), a selfsupporting,independent agency of the executive branch. […]