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Postal Regulatory Commission (PRC)

An independent federal agency that provides regulatory oversight over the United States Postal Service (USPS), including approving postal rates and service standards.

Periodicals

A class of mail primarily used for mailing newspapers, magazines, and other regularly issued publications.

On-time delivery performance

A measurement of how often mail is delivered by the expected delivery date, based on established service standards.

Fiscal year

A 12-month period for financial accounting, which for the federal government runs from October 1st to September 30th of the following year.

Government Accountability Office (GAO)

An independent agency that works for Congress. It investigates how the federal government spends taxpayer dollars and conducts studies and analyses for Congress.

Postmaster General

The chief executive officer of the United States Postal Service, responsible for its overall management.