On February 9, 2016, the President submitted to Congress his Budget for Fiscal Year 2017.
The Appendix under Other Independent Agencies contained the Administration’s approach to resolving financial difficulties at the US Postal Service. The Administration promises to work with the Congress and Postal stakeholders to secure reforms that improve the efficiency of the USPS, update its business model and provide measures for financial relief.
Changes in operations designed to improve efficiency, reduce Postal expenses and improve revenue include “allowing the Postal Service to begin shifting to centralized and curbside delivery where appropriate and codify its current administrative plan to avoid small and rural post office closures.”
Additional reforms include proposals to (1) recalculate unfunded liabilities and amortization payments of retirement programs to reflect demographics specific to the Postal Service workforce, (2) extend the Retiree Health Benefits Fund amortization schedule to 40 years at 80 percent of the total liability, (3) give the USPS restricted authority to reduce mail delivery frequency to five days, and (4) permanently extend the current exigent postage rate increase.
The President’s budget request is the first step in the long process of funding the federal government. The next step happens in March when the House and Senate budget committees each propose budget resolutions and submit them to their own chambers for consideration by April 1.
https://www.whitehouse.gov/sites/default/files/omb/budget/fy2017/assets/budget.pdf
https://www.whitehouse.gov/sites/default/files/omb/budget/fy2017/assets/appendix.pdf