The Postal Service and the Unified Budget

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

Additional Materials:


Office of Public Affairs
(202) 512-4800

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.

Sep 30, 2016

Sep 29, 2016

Sep 28, 2016

Sep 27, 2016

Sep 26, 2016

Sep 23, 2016

Sep 21, 2016

Sep 7, 2016

Aug 30, 2016

Looking for more? Browse all our products here