Government Spending

USPS by the numbers: Agency heading for insolvency in late 2021

The current controversy over the U.S. Postal Service's lack of resources and Postmaster General Louis DeJoy's cost-cutting measures are based on suspicion that service changes are meant to impair mail-in voting, but the USPS 2019 annual report to Congress shows that in reality, they are nearly at the point of insolvency.