Home / Post Office / Post office: $18-billion loss without cuts, rate increase

Post office: $18-billion loss without cuts, rate increase

WASHINGTON — Mired in red ink, the U.S. Postal Service is warning it will lose as much as $18.2 billion a year by 2015 unless Congress grants it new leeway to eliminate Saturday delivery, slow first-class mail by one day and raise the price of a postage stamp by as much as 5 cents.

More: continued here

About admin

Check Also

Police investigate bomb threats phoned in against Post Offices in … – KVAL

KVAL Police investigate bomb threats phoned in against Post Offices in …KVALSPRINGFIELD, Ore. – Police …

Leave a Reply

Your email address will not be published. Required fields are marked *