USPS looks for legislative relief from retiree payments
With expenses rising and mail volume continuing to decline, the US Postal Service ended the third quarter with a net loss of $2.4 billion. Revenue declined $1.6 billion during the same period. With the organization projecting a possible cash shortfall of up to $700 million and a net loss of $7 billion by the end of its fiscal year in September, Postmaster General John Potter is looking to Capitol Hill for some help.
The e-mail address(es) that you supply to use this service will only be used to send the requested article.