WASHINGTON (CNNMoney) -- President Obama on Monday unveiled a plan to save the U.S. Postal Service and its employees from insolvency -- a plan that includes the possible end of Saturday mail service.
The White House plan, which is part of a larger proposal to cut $3 trillion from deficits over the next decade, would first allow the U.S. Postal Service to use $7 billion from an overfunded pension account to avoid financial collapse.
2 comments:
didnt the post master suggest this already? maybe a year or 2 ago?
USPS has 600,000 employees. Eliminating delivery by one day doesn't reduce anything but a very small percentage of postal employees who eventually bring the packages to the door. The huge distribution and administration centers still continue to grind around the clock.
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