The U.S. Postal Service (USPS) generates nearly all of its funding—about $68 billion annually according to USPS’s most recent financial report—by charging users of the mail for the costs of the services it provides. Congress, however, does provide an annual appropriation—about $70 million—to compensate the USPS for revenue it forgoes in providing free mailing privileges to the blind and overseas the voters. In addition, the annual appropriation compensates the USPS for debt it accumulated in the 1990s while providing postal services at below-cost rates to nonprofit organizations.
Date of Report: July 31, 2015
Order Number: IF10268
For email and phone orders, provide a Visa, MasterCard, American Express, or Discover card number, expiration date, and name on the card. Indicate whether you want e-mail or postal delivery.