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U.S. Postal Service: Financial Challenges Continue, with Relatively Limited Results from Recent Revenue-Generation Efforts: Congressional Testimony
Phillip Herr (au)
The U.S. Postal Service's (USPS) financial condition and outlook deteriorated significantly during FY 2009. USPS was not able to cut costs fast enough to offset declining mail vol. and revenues resulting from the economic downturn and changing mail use. USPS would not be able to make the $5.4 billion payment to prefund postal retiree health benefits that was due by the end of the year. This testimony: (1) updates USPS's financial condition and outlook; (2) describes changes made by the Postal Account. and Enhancement Act of 2006 that provided USPS with greater flexibility to generate revenues; (3) outlines USPS's revenue-generation actions and results using this flexibility; and (4) discusses options to generate increased revenues in the future.
Itís Never Too Late to Get Rich: Secrets of Building a Nest Egg at Any Age
Around the American Table: Treasured Recipes & Food Traditions from the American Cookery Collections of the New York Public Library
Secret War in Shanghai: An Untold Story of Espionage, Intrigue, & Treason
Reading from the Heart: Women, Literature & the Search for True Love
Behavior & Learning of Animal Babies
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