The U.S. Postal Service (USPS) is in crisis, having lost almost $30 billion dollars in the last three years and exhausting its $15 billion federal borrowing authority. Clearly tinkering around the edges won't solve the problem. In this report, ITIF argues that all but “final mile” mail delivery should be opened up to private competition and the size of USPS should be drastically reduced to meet the realities of the digital age.
