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No, the Postal Service is generally self-funded.
USPS saw $21.6 billion in total revenue in the first quarter of FY 2024 a 0.5% increase compared to the same period the year prior. It also saw a $240 million, or 2.7%, increase in package revenue in the first quarter, and delivered 98 million more packages a 5.1% increase compared to the same quarter last year.
Maximum Size Parcels going to a domestic location may not measure more than 108 inches in length and girth combined.
The Postal Service is supposed to be self-sustaining, able to finance its operations based on the sale of postage products rather than taxpayer money.
On October 6, 2023, the United States Postal Service filed notice with the PRC of Mailing Services price changes to take effect January 21, 2024. The new rates include a 2-cent increase in the price of a First-Class Mail Forever stamp from 66 cents to 68 cents.
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GAO also noted that at the end of fiscal year 2022, USPSs long-term unfunded liabilities and debt totaled about $144 billion or about 184 percent of USPSs fiscal year 2022 revenue.
The Postal Reorganization Act of 1970 (PRA; P.L. 91-375) established USPS as an independent establishment of the executive branch, self-funded by revenue from the sale of postal products and services.
The negative financial numbers occurred despite the Postal Service growing its total revenue by $500 million. Postal leadership attributed much of the lossesabout $5.6 billionto two factors: ongoing inflation and a miscalculation of what it must statutorily contribute toward its pension fund.

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