VIDEO: The Watchdog Report Podcast Goes on Location to Discuss the U.S. Postal Service’s Monopolies What GAO Found 7/24/17 – The value of the U.S. Postal Service’s (USPS) letter delivery and mailbox monopolies was $5.45 billion in fiscal year 2015, according to the most recent estimate prepared by the Postal Regulatory Commission (PRC), the regulator […]
USPS has ‘partially’ met all five of the criteria for removal from the High Risk List. GAO suggests reducing mail delivery from 6 to 5 days will improve USPS financial condition; GAO released its High Risk List report on agencies and as predicted USPS is still on the list. GAO: Restructuring the U.S. Postal Service […]
Risky Business: Examining GAO’s 2015 List of High Risk Government Programs On Feb. 11, 2015, the Government Accountability Office (GAO) will release an update to the High Risk List, an inventory of government operations vulnerable to fraud, waste, abuse and mismanagement. Every two years at the start of a new Congress, GAO calls attention to […]
(November 13, 2014) The United States Government Accountability Office (GAO) issued the following report: “U.S. POSTAL SERVICE –Status of Workforce Reductions and Related Planning Efforts.” Report to the Chairman Darrell Issa, Committee on Oversight and Government Reform, House of Representatives note: Some of the excerpts from report are out of sequence GAO was asked to […]
If you were to take a quick guess, would you say the volume of letters delivered in the last quarter by the U.S. Postal Service has risen or fallen? More than likely, most Americans would say “fallen.” And who can blame them? Certain members of Congress would have the American public believe that letter volume […]
October 28 2014 (BIG SANDY, Mont.) – – Senator Jon Tester today released the following statement after the Government Accountability Office released its report on the effects of the U.S. Postal Service’s changes to mail delivery standards: “Reducing mail delivery standards reduces Americans’ faith in the Postal Service and jeopardizes the Service’s future. This report […]
U.S. Postal Service: Information on Recent Changes to Delivery Standards, Operations, and Performance What GAO Found The U.S. Postal Service (USPS) revised its delivery standards, which has generally increased delivery time for some First-Class Mail and Periodicals from 1 day to 2 days, notably by reducing mail with a 1-day standard.USPS also revised its delivery […]
The following are excerpts from a United States Government Accountability Office (GAO) Report requested by Chairman [Congressman] Darrell Issa, Committee on Oversight and Government Reform, House of Representatives on “U S Postal Service: Delivery Mode Conversions Could Yield Large Savings, but More Current Data Are Needed.” {note: some paragraphs may be out of sequence} The […]
GAO: Action Needed to Address Unfunded Benefit Liabilities USPS continues to be in a serious financial crisis, with insufficient revenue to cover its expenses and financial obligations as the volume of USPS’s most profitable product, First-Class Mail, continues to decline. At the end of fiscal year 2013, USPS had about $100 billion in unfunded liabilities: […]