Postal Regulatory Commission Slams USPS

The Postal Regulatory Commission is slamming the U.S. Postal Service's plan to close 3,600 post offices. The Commission says Postal executives used flawed research and questionable data to come up with their list of targeted facilities. USPS plans to replace many small and rural post offices with clerks in nearby retail stores. But the oversight commission says USPS used a screening process that was too simple. Chairwoman Ruth Goldway says USPS officials don't really know which of the targeted post offices are growing and which are shrinking. USPS is expected to sustain operating losses of $14 billion in 2012.