Reforming the U.S. Postal Service

The U.S. Postal Service has lost more than $50 billion since 2007 as mail volume has plummeted. House and Senate committees are working on legislation to stem the losses, and a stamp price hike is in the mix. Meanwhile, many European nations have reinvigorated their postal systems by privatizing them and opening them to competition.What challenges does the USPS face, and what changes are being considered by Congress? Should the USPS be moved to the private sector, and should entrepreneurs be allowed to compete?Join our distinguished panel of experts to hear about the postal deficit crisis and ideas for major reforms. Hosted on Acast. See acast.com/privacy for more information.