Postal Accountability and Enhancement Act
The Postal Accountability and Enhancement Act (PAEA) was signed into law by President George W. Bush on December 20, 2006. PAEA was the first major overhaul of the United States Postal Service since 1970. By the end of 2019, the USPS had USD 160. 9 billion in debt, due to growth of the Internet, the Great Recession, and prepaying for employee...