http://www.gao.gov/press.html Fri, 20 Nov 2009 13:39:59 +0100 FeedCreator 1.7.2-ppt http://www.gao.gov/images/title_object.jpg http://www.gao.gov/ http://www.gao.gov/press/reginald_jones_appt_2009sep24.html?source=ra The U.S. Government Accountability Office (GAO) has announced that Reginald Jones, a labor and employment attorney and former Commissioner of the U.S. Equal Employment Opportunity Commission (EEOC), has joined the legislative branch support agency as Managing Director of its Office of Opportunity and Inclusiveness. Thu, 24 Sep 2009 00:00:00 +0100 http://www.gao.gov/press/postal_service_pr.html?source=ra Reporting that broad restructuring is urgently needed, the U.S. Government Accountability Office (GAO) today added the financial condition of the U.S. Postal Service (USPS) to its High-Risk List of federal areas in need of transformation. Mail volume fell by 9.5 billion pieces in fiscal year 2008 to a total of 203 billion pieces and is projected to fall by 28 billion pieces in fiscal year 2009 to a total of 175 billion pieces. USPS expects mail volume and revenue to continue declining next year, and flat or continued volume decline over the next 5 years. USPS projects a net loss of $7 billion this fiscal year, with outstanding debt increasing to over $10 billion, and a cash shortfall of about $1 billion. USPS also expects that its projected losses will continue in fiscal year 2010. Tue, 28 Jul 2009 00:00:00 +0100