How the Decline of the Post Office Affects You

NEW YORK (MainStreet) — Officials at the financially troubled U.S. Postal Service said Thursday that they may close more than 250 mail-processing facilities across the country and reduce service standards for first-class mail to cut costs. The closings are part of an effort to alleviate escalating financial woes and stave off of a default on a Congressionally mandated $5.5 billion payment to …

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