Home / Post Office / Post office nears historic default on $5 billion payment – Plain Dealer

Post office nears historic default on $5 billion payment – Plain Dealer


Plain Dealer

Post office nears historic default on $5 billion payment
Plain Dealer
WASHINGTON — 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

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