With the federal deficit topping a record $1 trillion in July, 2009, and rapidly on its way to doubling by this fall, the government desperately needs to squeeze out every tax dollar it can find. That could translate into more audits or at least a letter from the IRS politely asking you to refigure your taxes.
The post office is facing a $7 billion loss this year despite a 2-cent rate increase. The agency has shed 150,000 workers since 2000, removed hundreds of mail collection boxes and taken other steps to save money.
Last year, mail volume fell by 9.5 billion pieces to a total of 203 billion pieces. It is expected to fall by 28 billion pieces this year to a total of 175 billion pieces. At the same time population growth and new business mean the post office has to serve 1.2 million new addresses every year.
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