(CBS News) NEW YORK – Mail service as all of us know it could be headed for some historic change. With $16 billion in losses last year, Congress is looking to cut costs.

The latest congressional proposal could radically change your mail service. On the table: ending both door-to-door and Saturday letter delivery.

The new ideas were introduced by House Oversight Committee Chairman Darrell Issa

“It’s an agency in crisis,” he said, “but its also an entity that must be saved, but it’s an entity that needs to trim costs.”

But postal union official Chuck Zlatkin said the financial crisis is overblown, and that Congress is just trying to privatize the business.”I would say that this bill is really a road map to destroy the Postal Service as we know it,” he said.
via Amid $16B in losses, Congress proposes changes for the Postal Service| CBS News