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Opinion of Special Purpose Financial Statements

Audit Report - FT-AR-13-003 - 11/16/2012

Officer Compensation for Calendar Year 2011

Audit Report - FT-AR-13-001 - 10/19/2012

Causes of the Postal Service FERS Surplus

White Papers - RARC-WP-13-001 - 10/16/2012

Delivery Operations Data Usage

Audit Report - DR-AR-13-001 - 10/11/2012

Best Value in the Purchasing Process

Audit Report - CA-AR-13-001 - 10/09/2012

USPS OIG FY 2013 Congressional Justification

Other - 10/01/2012

Fall 2012

Semiannual Report to Congress - 09/30/2012

This was an historic year for the Postal Service. It was forced to default on two of its prefunding payments into the Retiree Health Benefits Fund due to its liquidity crisis. Without legislative change or other significant action, the Postal Service expects to lose more than $18 billion by 2015. While the situation is desperate, we do not think it is catastrophic. In fact, our work has indicated that the Postal Service has many opportunities to reduce its costs and position itself for new revenue opportunities. The savings from these efforts, some of which would require legislative action, would exceed the Postal Service’s projected shortfalls.