Snail Mail Is About To Get Even Slower

The USPS is implementing temporary price increases and permanent delivery delays for first class mail, affecting nearly 40% of mail, especially over long distances. These changes could disproportionately impact rural and low-income areas. The USPS faces financial challenges due to a 2006 Congressional mandate requiring advance funding of retiree health benefits, contributing to significant financial losses. The agency is exploring cost-cutting measures to address these issues.

What financial burden does the USPS face that affects its operations?

Why is the USPS required to fund health benefits for retiring workers years in advance?