Postal Service could shut down by winter
WASHINGTON, Sept. 5 (UPI) -- The U.S. Postal Service, facing a deficit that will reach $9.2 billion this fiscal year, could be forced to close this winter, officials say.
"Our situation is extremely serious," Postmaster General Patrick R. Donahoe said in a New York Times article published Monday.
Donahoe has been advocating spending cutbacks recently that would eliminate Saturday mail delivery, close as many as 3,700 postal locations and result in layoffs of 120,000 employees, nearly 20 percent of the Postal Service's workforce.
The delivery service, which has no-layoff clauses with unions, faces higher costs, particularly for labor, which accounts for 80 percent of its expenses.
Comment
-
Comment by TheLasersShadow on September 12, 2011 at 2:34am
-
It wont be shut down it will become just another parasite on the american people. The USPS need to be sold to Fedex and UPS, stamps will cost more but thats the market cost of delivering a letter today.
-
Comment by Cryptocurrency on September 6, 2011 at 5:12pm
-
Bailout? Hey they did it for the Saudi Royal family and Bank of China. I can't imagine the implications of the postal service shutting down.
What has you father said about it Justin? Any details you could share??
-
Comment by youhavetoforgiveme on September 6, 2011 at 5:05pm
-
Just a few short years ago....who'da thought?
...nor gloom of night will sway the carrier from his appointed rounds.....
-
Comment by truth on September 6, 2011 at 4:27am
-
Some thing is up here, it is the only agency that is to fund its existence years in advance. Push for privatization?
"Destroying the New World Order"
THANK YOU FOR SUPPORTING THE SITE!
Latest Activity
- Top News
- Everything
Former President Trump?
When was this article written? It is attributed to Victor Davis Hanson. He is a Fellow at Hoover…See More
Don’t Go Hunting For Bigfoot
It is October 19, 2019 at 5:46 AM. This will be the last time any visual evidence of Mark is seen…See More
Most Corrupt Series: Elizabeth Warren | Forgotten History
Elizabeth Warren has built her reputation as a "reformer", but her political career has also drawn sharp criticism. Questions have been raised about her fina...
"less prone, Thanks for your support Buddy! "
Charlie Kirk Assassination
September 10th 2025 in Utah Turning Point USA CEO has been assassinated. Coincidentally, answering…See More
FURTHER PROOF OF WALK-INS! Prisoners of the Dulce Base by Sherry Shriner
There is a real connection between the Cabal and what is happening at this Undergroung…See More
Tom Horn discusses Masonic view of 2025
Startling perspective by Tom Horn of the upcoming year: 2025
"It's a distressing state of affairs when evil leftists hardwire impressionable students and…"
"Burbia Charlie Kirk's wife is a real firebrand! God bless that poor woman! "
"Burbia thanks for the videos! "
© 2025 Created by truth.
Powered by
You need to be a member of 12160 Social Network to add comments!
Join 12160 Social Network