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Is the US Post Office self-supporting or does it draw from the federal budget?
Any idea on the percentages?
2 Answers
- ?Lv 62 decades agoFavourite answer
The USPS has been independent of the government since 1971. The USPS is still though subject to some government controls and must break even over time with its budget. It does not draw any money from the federal budget for its regular operating budget but a few employees are still eligible to draw money from the old civil service system (CSRS) for their retirement.
Source(s): http://groups.yahoo.com/group/PostalWorkers/ www.nalc.org - 2 decades ago
The US Postal System is actually a corporation that the government owns. It is self supporting, that is why postage goes up every so often and that the post office is trying to compet in the package business just like UPS and FedX.