WASHINGTON, D.C. – Today, the Taxpayers Protection Alliance (TPA) criticized the U.S. Postal Service (USPS) for incurring a $8.8 billion net loss for fiscal year (FY) 2019. USPS has experienced double-digit percentage declines in mail delivery revenues as consumers abandon paper mail for easier, more reliable electronic services. TPA President David Williams expressed alarm over the financials, stating, “for more than a decade, policymakers and citizens across the country have called for the USPS to clean up its act and deliver mail in a transparent, cost-effective manner. After incurring $75 billion in net losses since 2007, out-going Postmaster General Megan Brennan promised Congress that the agency would deliver a ten-year business plan by July 1. But this plan never materialized, and more than 130 days later, taxpayers are as worried as ever about the prospect of a bailout.”