USP 1
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The United States Postal Service (also known as USPS, the Post Office or U.S. Mail) is an independent agency of the United States government responsible for providing postal service in the United States. It is one of the few government agencies explicitly authorized by the United States Constitution. The USPS traces its roots to 1775 during the Second Continental Congress, where Benjamin Franklin was appointed the first postmaster general. The cabinet-level Post Office Department was created in 1792 from Franklin's operation and transformed into its current form in 1971 under the Postal Reorganization Act. The USPS employs over 574,000 workers and operates over 218,000 vehicles. It is the 2 largest civilian employer in the United States. The USPS is the operator of the largest vehicle fleet in the world. The USPS is legally obligated to serve all Americans, regardless of geography, at uniform price and quality. The USPS has exclusive access to letter boxes marked "U.S. Mail" and personal letterboxes in the United States, but still competes against private package delivery services, such as UPS and FedEx. On December 5, 2011 the USPS announced it will close more than half of its mail processing centers, eliminate 28,000 jobs and end overnight delivery of first-class mail. This will close down 252 of its 461 processing centers. On December 13, 2011 the USPS agreed to delay the closing of 252 mail processing centers as well as 3,700 local post offices until mid-May 2012. The Postal Accountability and Enhancement Act of 2006 (PAEA) (HR 6407), enacted on December 20, 2006, obligates the USPS to prefund 75-years' worth of future health care benefit payments to retirees within a ten-year time span — a requirement to which no other government organization is subject. The USPS has not directly received taxpayer-dollars since the early 1980s with the minor exception of subsidies for costs associated with the disabled and overseas voters. Revenue in the 2000s has been dropping sharply due to declining mail volume, prompting the postal service to look to other sources of revenue while cutting costs to reduce its budget deficit. From Wikipedia under the
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