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 <subject>Federal agency reorganization</subject>
 <subject>Financial analysis</subject>
 <subject>Financial management</subject>
 <subject>Postal service</subject>
 <subject>Strategic planning</subject>
 <subject>Postal rates</subject>
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 <title>U.S. Postal Service Key Reasons for Postal Reform</title>
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<abstract>Both the Presidential Commission on the U.S. Postal Service and
GAO&apos;s past work have reported that universal postal service is at
risk and that reform is needed to minimize the risk of a	 
significant taxpayer bailout or dramatic postal rate increases.  
The administration has also supported comprehensive postal	 
reform. Recent congressional hearings have highlighted broad	 
consensus on the need for postal reform among diverse		 
stakeholders that include the Postal Service, postal employee	 
organizations, the mailing industry, and Postal Service 	 
competitors. GAO has also testified in detail about the need for 
postal reform. In light of these developments, GAO was asked to  
briefly summarize the need for postal reform and elements that	 
should be addressed by postal reform legislation. This statement 
for the record is based on prior GAO reports and testimonies.</abstract>
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<note>Testimony</note>
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 <topic>Financial analysis</topic>
 <topic>Financial management</topic>
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 <topic>Strategic planning</topic>
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