USPS: THE FINANCIAL FACTS

THE FINANCIAL FACTS.
When the Newark, NJ, Star Ledger published a commentary that the Postal Service should be privatized, Public Affairs and Communications V.P. Azeezaly Jaffer responded with a Government Accountability Office (GAO) report on how the Postal Service has improved its financial situation, including “debt reduction of $9.3 billion, net income of $7 billion, productivity gains of 4.2%, the elimination of accumulated deficits and reductions of about 45,000 career employees.”