Chart shows Post Office spiraling failures (at your expense)

By Taxpayers Association of Oregon Foundation,

The Office of Inspector General’s Report shows how the United States Post Office has been losing billions a year.   Even with a taxpayer bailout of $57 billion to cover debts the Post Office still ran a six billion debt in 2023.

Even with a first class stamp increase (58 cents to 63 cents, 2022 to 2023) the Post Office still ran a six billion debt in 2023.

In fact, U.S. First Class stamps have been rising faster than inflation as noted by the Monday Economist.

This chart does not show the current 2024 First Class stamp rate of 73 cents — a 25% increase since 2022.