U.S. Postal Service: Financial Crisis Demands Aggressive Action
Description:
Testimony issued by the Government Accountability Office with an abstract that begins "The U.S. Postal Service's (USPS) financial condition and outlook deteriorated significantly during fiscal year 2009. USPS was not able to cut costs fast enough to offset declining mail volume and revenues resulting from the economic recession and changes in the use of mail, such as electronic bill payment. In July 2009, GAO added USPS's financial condition and outlook to its High-Risk List and reported that U…
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Date:
March 18, 2010
Creator:
United States. Government Accountability Office.
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Partner:
UNT Libraries Government Documents Department