Executive Order On The Task Force On The United States Postal Service

By the authority vested in me as President by the Constitution and the laws of the United States of America, I hereby order the following:

Section 1.  Policy.  (a)  The United States Postal Service (USPS) accounts for almost half of global mail volume and is regularly cited as the Federal agency with the highest public approval rating.  However, a number of factors, including the steep decline in First-Class Mail volume, coupled with legal mandates that compel the USPS to incur substantial and inflexible costs, have resulted in a structural deficit where revenues are no longer sufficient to fund the pension liabilities and retiree health obligations owed to current employees.

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Office of the President