An engine of business activity and growth, the Postal Service — which receives no tax dollars for operating expenses and relies on the sale of postage, products and services to fund its operations — plays a vital role within the American economy and requires a more flexible business model to become financially stable and meet its universal service obligations to the American people. The Postal Service is urging Congress to pass comprehensive postal legislation. Among the provisions we seek are those needed to ensure that the Postal Service is self-sustaining and financially strong as well as a reliable, low-cost partner to the American people and the communities it serves. These provisions include:
The Postal Service continues to do its part within the bounds of existing law to place the organization in a favorable financial position, and we are proud of the achievements we have made to reduce costs while significantly growing our package business. Despite these efforts, however, we cannot return the Postal Service to profitability, nor can we secure our long-term financial outlook without the passage of comprehensive reform legislation.
The bottom line is that the Postal Service is ready to make the necessary changes to keep delivering for America. We just require the freedom to make it happen.
