TITLE

Financial Challenges Continue, with Relatively Limited Results from Recent Revenue-Generation Efforts

PUB. DATE
November 2009
SOURCE
GAO Reports;11/5/2009, preceding p1
SOURCE TYPE
Government Documents
DOC. TYPE
Article
ABSTRACT
The article presents the report from the U.S. Government Accountability Office (GAO) which studied the financial condition of the U.S. Postal Service (USPS) for the fiscal year 2009. The report found out that the USPS's revenue declined to 68 billion dollars while its debt increased to 10.2 billion dollars. It is also projected that the agency's annual deficits will reach seven billion dollars in 2010 and 2011.
ACCESSION #
45342073

 

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