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Postal Service Default

Postal Service Can't Pay Its Bills ... Again

The Huffington Post | Harry Bradford | Posted 09.27.2012 | Business

The U.S. Postal Service may be able to deliver your bill payments, but it's having a little trouble delivering its own. Come Sept. 30, USPS will de...

More Junk Mail? It's On Its Way

The Huffington Post | Harry Bradford | Posted 09.20.2012 | Business

Imagine a world without junk mail. Now stop, because the one real one is about to have a lot more of it. The United States Postal Service is cuttin...

A Glut Of Simpsons Stamps

Posted 08.21.2012 | Business

D’oh. You can add Simpsons-themed stamps to the list of financial woes plaguing the U.S. Postal Service. USPS wasted $1.2 million printing 1 bil...

Post Office Privatization Is Probably a Huge Real Estate Deal

Andrew Reinbach | Posted 10.02.2012 | Politics
Andrew Reinbach

If the United States Postal Services is such a bottomless money pit, why would anybody want it? Who ever heard of buying a service company with no upside? What's in it for them?

Dave Jamieson

Mail Fail: Postal Service To Default As Congress Breaks For Recess | Dave Jamieson | Posted 07.31.2012 | Business

At midnight Wednesday, the U.S. Postal Service is expected to default on a multi-billion dollar payment owed to the Treasury, highlighting financial s...

Looming Postal Service Default May Be Scaring People Out Of Sending Mail

Reuters | Posted 09.29.2012 | Business

* Agency set to default on payment for retiree benefits * Default would not cause service interruptions, USPS says * Unc...

Postal Service Default Looming

The Huffington Post | Harry Bradford | Posted 07.19.2012 | Business

“Neither snow nor rain nor heat nor gloom of night” has traditionally prevented the Postal Service from delivering the mail. Come August 1, a $5 b...

Plan Aimed At Saving Postal Service Money May Actually Lose It Billions

The Huffington Post | Jillian Berman | Posted 04.05.2012 | Business

Could cuts actually cost the United States Postal Service more than they save it? If a survey commissioned by the Postal Service and cited by CNNMo...

The Public Be Damned: Using the Amtrak Script to Kill the Post Office

Kelly Kleiman | Posted 02.07.2012 | Politics
Kelly Kleiman

There is an alternative to the current flood of crocodile tears over the death of written communication. We could return to the social compact that regarded mail service as something to be paid for by the people who benefit from it most.

Dave Jamieson

Postal Service Finances As Bad As They Sound: Auditors | Dave Jamieson | Posted 12.13.2011 | Politics

WASHINGTON -- Federal auditors released a report Thursday that found, contrary to other findings, the U.S. Postal Service (USPS) has not been overpayi...

Dave Jamieson

Postal Workers, Allies Decry 'Manufactured' Crisis At Agency | Dave Jamieson | Posted 11.27.2011 | Politics

WASHINGTON -- Postal workers and their supporters plan to rally in congressional districts across the country Tuesday afternoon, hoping to convince th...

Dave Jamieson

Obama's Deficit-Reduction Plan Includes Blueprint For Troubled Postal Service | Dave Jamieson | Posted 11.19.2011 | Politics

WASHINGTON -- In his deficit-reduction plan detailed on Monday, President Obama put forth a comprehensive reform package aimed at restoring financial ...

How Republicans Crippled The United States Postal Service

Karl Frisch | Posted 11.14.2011 | Politics
Karl Frisch

GOP efforts to cripple the Postal Service predate the current tea party "cut government spending" drumbeat echoing throughout Washington during these difficult economic times.

Dave Jamieson

Postmaster General Warns Of Default, Pleads For Congressional Help | Dave Jamieson | Posted 11.06.2011 | Politics

WASHINGTON -- The postmaster general pleaded with lawmakers on Capitol Hill on Tuesday to pass legislation that would help the postal service right it...

Postal Service On Brink Of Default

The New York Times | Posted 11.04.2011 | Business

The United States Postal Service has long lived on the financial edge, but it has never been as close to the precipice as it is today: the agency is s...