• sunzu@kbin.run
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    4 months ago

    so no tax money goes to post office, is it funded from stamps and delivery fees?

    edit:

    Overview The U.S. Postal Service (USPS) generates nearly all of its funding—about $78.5 billion annually according to the USPS’s most recent financial report—by charging users of the mail for the costs of the services it provides. Congress, however, does provide an annual appropriation—about $50 million in FY2023—to compensate the USPS for revenue it forgoes in providing free mailing privileges to the blind and overseas voters.

    FY2024 U.S. Postal Service Appropriations

              • sunzu@kbin.run
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                4 months ago

                Overview The U.S. Postal Service (USPS) generates nearly all of its funding—about $78.5 billion annually according to the USPS’s most recent financial report—by charging users of the mail for the costs of the services it provides. Congress, however, does provide an annual appropriation—about $50 million in FY2023—to compensate the USPS for revenue it forgoes in providing free mailing privileges to the blind and overseas voters.

                • Nougat@fedia.io
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                  4 months ago

                  I’ll take responsibility for misunderstanding that as “b-b-but Congress gives USPS moneeeez!”