Wednesday’s announcement that the United States Postal Service would halt Saturday delivery to help fix its financial mess sounded like a good move for the deficit-laden agency. After all, Postmaster General Patrick Donahoe says it will save the post office $2 billion a year.
But put in the context of $20 billion projected annual deficits, that $2 billion savings starts to look a lot less substantial.
If the proposal moves forward and Congress allows the post office to go to 5-day rather than 6-day delivery, expect Saturday delivery to stop in August — and you can largely thank that Congressional mandate for your empty mailbox.
Read more: http://business.time.com/2013/02/07/how-healthcare-expenses-cost-us-saturday-postal-delivery/#ixzz2KEdJcxBn
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