September 27, 2010

Senator Collins Requested IG Audit That Finds Postal Service has More than $800 Million in Unnecessary Costs

Three investigations of the U.S. Postal Service (USPS) by the Postal Inspector General (IG), requested by Senator Susan Collins, have uncovered stunning evidence of contract mismanagement, ethical lapses, financial waste, and excessive executive perks that cost the Postal Service more than $800 million a year in unnecessary costs. The IG examined three areas where the Postal Service could realize significant savings: employee benefits, contracting policies, and area and district field offices.

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