![]() ![]() ![]() For example, USPS has supported legislation that would integrate its retiree health program with Medicare. USPS continues to seek some legislative and regulatory changes intended to improve its financial condition. USPS lost $87 billion over the past 14 fiscal years-including $9.2 billion in fiscal year 2020-and expects to lose $9.7 billion in fiscal year 2021. Postal Service's (USPS) financial viability requires action from both Congress and USPS to address both its annual operating losses and its unfunded long-term liabilities. Since our 2019 High-Risk Report, ratings for four criteria remain unchanged, and the capacity criterion regressed to not met.
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