Between fiscal year (FY) 2007 & FY 2018, the USPS experienced net losses totaling $69 billion. The USPS is forecast to lose tens of billions of dollars over the next decade.
On April 12, 2018, Pres. Trump issued the Executive Order on the Task Force on the United States Postal System.
• Improving governance by strengthening the Board of Governors and developing enforcement mechanisms to ensure financial commitments and reforms are met;
• Modernizing the USPS’s cost standards and cost allocation methodology;
• Reforming USPS employee compensation in a manner consistent with proposed reforms to the broader federal workforce;
The Task Force’s full analysis and complete list of recommendations can be found in the full report.