USPS Plans $30 Billion Savings, $3 Billion Annually with Service Changes

Aug 22, 2024, 09:31 PM

The U.S. Postal Service (USPS) is planning significant changes aimed at saving approximately $30 billion over the next decade, equating to $3 billion per year. These changes, set to begin in 2025, include proposals to allow slower mail delivery for long-distance and rural services. The move comes as the USPS continues to face financial challenges, with officials emphasizing cost-cutting measures. The proposed changes have sparked criticism, with some arguing that lowering service standards could harm the agency's reputation and effectiveness.