The Hill News

By any measure, the Postal Service’s deficit projections are daunting, but closing nearly 4,400 post offices, as the Postal Service has proposed, is not going to fix the problem.
 
With a $9 billion deficit projected this year, these closures are expected to save just $200 million annually, hardly a pittance, far from covering the Postal Service’s larger financial problems, like funding its retiree health and pension obligations.

A fundamental reality that seems to be overlooked by those who advocate closing post offices as a budgetary cure is that the Postal Service is a public institution with public obligations. It was created to ensure mail delivery services in areas that otherwise would not have such service.

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