U.S. Postal Service Facing Financial CrisisWASHINGTON D.C.--The US Postal Service is facing a financial crisis. It will be out of money by next October. The Post Master General says they are losing millions of dollars a day. It's already shutting down some processing plants and cutting hours. Unions want to reduce the money set aside for health benefits and don't want to see services cut. The Senate has passed legislation to help shore up the Postal Service's finances, but the house has yet to act. Both bills will end Saturday delivery. |
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