The Postal Service and the Unified Budget

T-AFMD-88-14: Published: Jun 7, 1988. Publicly Released: Jun 7, 1988.

Additional Materials:

Contact:

Office of Public Affairs
(202) 512-4800
youngc1@gao.gov

GAO discussed the proposed Postal Reorganization Act Amendments of 1988. GAO noted that this legislation would: (1) provide the Postal Service Fund with an off-budget status and exclude it from presidential and congressional budgets, statutory general budget limitations, and some deficit calculations; and (2) increase the fund's borrowing authority. GAO also noted that the determination of the fund's appropriate budget status is part of a deeper issue regarding problems with the current unified budget structure, which: (1) focuses on a single, cash-based surplus or deficit total; (2) does not distinguish between capital investments and operating expenses; and (3) can lead to unsound deficit control strategies, a budget bias against capital investments, a distortion of credit program costs, and a masking of trust- and nontrust-fund fiscal relationships. GAO believes that: (1) the federal government should replace the current budget structure with a new four-part budget which would distinguish between capital investments, operating expenses, and trust and nontrust activities for effective budget decisionmaking; and (2) Congress may wish to weigh the importance of protecting the fund from budget cutback pressures against its need for a comprehensive budget.

Nov 8, 2017

Oct 31, 2017

Oct 26, 2017

Oct 17, 2017

Oct 12, 2017

Oct 11, 2017

Oct 10, 2017

Sep 29, 2017

Looking for more? Browse all our products here