Keep GA Red - FWFA - Dec 2020

The U.S. Postal Service (USPS) has been a big focus in national politics in the months ahead of the 2020 presidential election. The USPS’s significant fiscal problems are long-standing and well documented. Mail volume has steadily declined to 142.6 billion pieces in FY 2019 from 213.1 billion in FY 2006. The USPS, which is a self-funded entity by law, hasn’t posted a budget surplus, or profit, since FY 2006 and reported a loss of $8.8 billion in FY 2019, which ended months before COVID-19 hit the United States.

Last week, we took a look at the Congressional Budget Office’s rather gloomy budget projections over the next 30 years. Between FY 2021 and FY 2050, federal spending will grow as more Americans retire, structural budget deficits will worsen, and the share of the debt held by the public will rise to unprecedented levels. But the projections weren’t limited to the budget. The Congressional Budget Office (CBO) also looked at economic and labor trends. Those are just as alarming as the budget projections.

Welcome to the new and improved Regulatory Action Center (RAC) Review! RAC proudly keeps you up to date on what we’re up to and what we’re keeping our eyes on here in the swamp. We offer resources for you to get involved in the rulemaking process to hold unelected bureaucrats accountable and occasionally offer praise in the event they have a good impulse. We will also highlight the incredible work our activists have done to advance the principles of smaller government, lower taxes, free markets, personal liberty, and the rule of law. For more ways to get involved and stay informed, check the links at the bottom of this post.