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Post office nears historic default on $5.5 billion payment – Austin American-Statesman

Post office nears historic default on $5.5 billion payment
Austin American-Statesman
WASHINGTON — The U.S. Postal Service is bracing this week for a first-ever default on billions in payments to the Treasury, adding to widening uncertainty about the mail agency's solvency as first-class letters plummet and Congress deadlocks on ways

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