The General Accounting Office (GAO) has released a
short study addressing the United States Postal Service's (USPS) deficit. GAO evaluates key proposals made by USPS including the
- USPS proposal to sponsor its own health benefit plan...
- USPS proposal to seek reimbursement of its $6.9 billion FERS (Federal Employess Retirement System) surplus...
- USPS proposal on workforce optimization...
The report also poses key questions Congress should address including those that should be considered before USPS creates its own health benefit program.
The report concludes that "USPS’s business model is broken" and that difficult choices must be made.
