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Trying to Keep the Post Office From Going Bust

Democratic Senator Tom Carper of Delaware is generally a sunny guy, but lately he’s been having difficulty sustaining his characteristic optimism. For the past year, he has been laboring to fix the troubled U.S. Postal Service, which on Aug. 1 is likely to default on a $5.6 billion payment it …

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Post office nears historic default on $5B payment – Businessweek

Post office nears historic default on $5B paymentBusinessweekWASHINGTON (AP) — The U.S. Postal Service is bracing for a first-ever default on billions in payments due to the Treasury, adding to widening uncertainty about the mail agency's solvency as first-class letters plummet and Congress deadlocks on ways to …and more » More: …

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Post office nears historic default on $5B payment

The U.S. Postal Service is bracing for a first-ever default on billions in payments due to the Treasury, adding to widening uncertainty about the mail agency's solvency as first-class letters plummet and Congress deadlocks on ways to stem the red ink. More: continued here

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Post office nears historic default on $5B payment – Fox News

The Associated Press Post office nears historic default on $5B paymentFox NewsWASHINGTON – The U.S. Postal Service is bracing for a first-ever default on billions in payments due to the Treasury, adding to widening uncertainty about the mail agency's solvency as first-class letters plummet and Congress deadlocks on ways to …

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