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Postal rates to 1847. Initial United States postage rates were set by Congress as part of the Postal Service Act signed into law by President George Washington on February 20, 1792. The postal rate varied according to "distance zone", the distance a letter was to be carried from the post office where it entered the mail to its final destination.
Between 2007 and 2016, the USPS lost $62.4 billion; the inspector general of the USPS estimated that $54.8 billion of that (87%) was due to prefunding retiree benefits. [10] By the end of 2019, the USPS had $160.9 billion in debt, due to growth of the Internet, the Great Recession , and prepaying for employee benefits as stipulated in PAEA. [ 11 ]
The full eagle logo, used in various versions from 1970 to 1993. The United States Postal Service (USPS), also known as the Post Office, U.S. Mail, or simply the Postal Service, is an independent agency of the executive branch of the United States federal government responsible for providing postal service in the United States, its insular areas and associated states.
Mail collection boxes were removed from the streets in many cities. However, the Postal Service has been removing mail collection boxes as a cost-cutting measure for years — between 1985 and 2011, the number of mail collection boxes was reduced by 60% — so it remains unclear if the removals are connected to DeJoy's changes. [15]
The Best Labor Day Sales this year includes great deals such as a $65 mattress, a $20 set of sheets and 20% off Amazon bestselling pillows. Browse all of the deals available this Labor Day.
The combination of higher prices and slower delivery raises the risk that the USPS will lose more customers, critics say. That would come at a time when the postal service has already seen a sharp ...
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