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Click here to visit the new home of Politics Daily!(June 23) -- The U.S. Postal Service can deliver through snow and sleet, and by mule to the bottom of the Grand Canyon, but Congress searched today for a way for the agency to deliver on a real challenge -- a balanced budget. A joint House and Senate hearing heard a split decision from the largest postal customers about whether to cut Saturday service. The Postal Service, which doesn't get taxpayer subsidies, is supposed to break even. But it will lose about $230 billion over the next decade if no changes are made. Mail volume has been decreasing as more people pay bills online and ...
The head of a U.S. Postal Service advisory panel said Thursday the post office should find other ways to trim costs before turning to significant cuts in service such as halting Saturday deliveries. Ruth Y. Goldway, chairwoman of the independent Postal Regulatory Commission, also questioned a plan to put postal kiosks and mini-offices in markets and office supply stores. "Ask the small towns of America if they think government business should be conducted in Wal-Marts," she told the House Committee on Oversight and Government Reform. But Postmaster General John Potter, architect of a ...
(March 30) -- Saturday "snail mail" is one step closer to going the way of the carrier pigeon. The U.S. Postal Service submitted its "five-day delivery" proposal to regulators today, moving to scrap Saturday mail delivery in an effort to shave $3.1 billion annually from the $238 billion in losses the agency estimates by 2020. Notably, the proposal was sent to the Postal Regulatory Commission via e-mail. Matt Rourke, AP The U.S. Postal Service submitted a plan to regulators Tuesday that, if approved, would stop Saturday mail delivery. Here, a Philadelphia postal worker delivers mail. The ...
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