The Associated Press |
Post office nears historic default on $5B payment
The Associated Press By By HOPE YEN – 1 minute ago. WASHINGTON (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 … Trying To Keep The Post Office From Going Bust |
More: continued here