Archive: Postal Service

Postal Service Gets a Little Help on the Hill

A House committee has thrown the U.S. Postal Service a lifeline, but it won’t be enough to fully stop the financial quicksand that continues to pull the agency under. Legislation the House Oversight and Government Reform Committee advanced on Friday...

By Marcia Davis | July 13, 2009; 03:21 PM ET | Comments (0)

House Committee Gives Postal Service a Break

A House panel approved legislation today that would provide some relief to the ailing U.S. Postal Service, with a bill that would allow the agency to pay for the health benefits of current retirees out of its Retiree Health Benefit...

By Marcia Davis | June 24, 2009; 01:08 PM ET | Comments (0)

Mail Service Cut Looks Less Likely

The chances that the U.S.Postal Service will be allowed to reduce its delivery days to five from six each week are growing slim. Postmaster General John E. Potter asked Congress for that flexibility as a last resort to save money...

By Sara Goo | January 29, 2009; 04:30 PM ET | Comments (8)

Hearing Focuses on Postal Service Finances

The U.S. Postal Service is hurting and hurting badly. To explore just how badly, the Senate subcommittee on federal financial management, government information, federal services and international security is holding a hearing today on "the impact of the economic crisis...

By Sara Goo | January 28, 2009; 12:23 PM ET | Comments (2)

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