One more time:
USPS is the only organization in the country that guarantees delivery to every residential and business address in the nation. UPS and FedEx pay USPS to deliver hundreds of millions of their ground packages to residences that they do not want to deal with each year. USPS pays UPS and FedEx for air transportation. And USPS receives no tax dollars for operating expenses and relies on the sale of postage, products and services to fund its operations.
I wonder how you would feel if congress reimbursed and loaned money to FedX.
Before 1971, the Postal Service received annual appropriations from the federal government. Since then, it has operated independently, with revenues generated through the sales of postage stamps and services.
But Congress does give the Postal Service $100 million a year to compensate the agency for revenue loss by providing, at congressional direction, free mailing privileges to blind people and overseas voters, a congressional report noted. The $100 million is less than 1 percent of the Postal Service’s annual budget.
The Postal Service’s debt rose from nothing to $10.2 billion between federal fiscal years 2005 and 2009, according to a congressional report. The federal fiscal year begins Oct. 1 and concludes Sept. 30.
In 2009, the Postal Service began borrowing money from the U.S. Treasury Department to deal with its troubles. Some news accounts report the service reached its borrowing limit of $15 billion in September 2012.
To sum up, the American Postal Workers Union claimed in its television ad that the U.S. Postal Service doesn’t operate on taxpayer dollars and and it’s solely funded by stamps and postage. The Postal Service has borrowed money from the government in recent years, primarily it says, to cover the cost to pre-fund employee health benefits.
The first part of the statement is on target. The second part, however, gets a return to sender.
We rate this claim Half True.
http://www.politifact.com/georgia/s...-union/postal-service-claim-not-fully-target/