The U.S. Postal Service could lose up to $10 billion a year, and may go broke by the end of this month.
That's what Postmaster General Patrick Donahoe is expected to tell Congress this morning when he testifies before the Senate Homeland Security and Governmental Affairs Committee. The Postal Service has been working to get lawmakers to grant them the legal authority to change delivery schedules, close postal offices and possibly lay off hundreds of thousands of workers.
6 comments:
I thought they already have closed some post offices?
Shut it down!
Die, die, die, die, die. If you can't run a business, I'm sure Congress can bid it out to the next contractor. That's all they need to do to fix it.
737, you obviously have no clue how the USPS works. They are not a contractor in the traditional sense, they are a quasi-gov dept. It's not that they can't run it properly, its that congress won't let them. They want to make the tough cuts to stay afloat but government rules prevent them from doing so without congressional approval.
The government in business? That's a no no anyway.
Business is to make money , the government doesn't know how to make money , they spend money.
Live just south of Salisbury, never know what time our mail will arrive (12:00 untill after 2:00pm. Going into town see him at the store return 30min. later. Not very reliable
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