Quote:
Originally Posted by Kelevision
Wrong…. the Postal Service is generally self-funded. This means that no tax dollars are used to keep the lights on at its many facilities across the country. The Postal Service, instead, relies on the revenue it generates from the sale of stamps, products, and services to fund its operations…. But we as a country hate Americans. Fire them all!!!!!
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Wrong. According to AI:
"The U.S. Postal Service (USPS) lost $9.5 billion in the fiscal year that ended on September 30, 2024."
The Post Office uses fuzzy math which does not include money that is spent to pay retirement and other benefits to people who no longer work there. When they hire a fulltime employee, it is for life, even though they retire after working 25 years or so. Then they collect a pension, Social Security, health benefits, and other benefits for the rest of their life. But the Post Office doesn't want to include these costs in their budget. The only people who claim that the USPS is self-funded is the USPS itself.
A recent GAO audit of the USPS concluded that:
"Unsustainable Deficits:
USPS continues to incur deficits that are unsustainable, with net losses totaling over $62 billion over a decade."
This is from an independent audit, not self-serving propaganda.