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Postal Service board to meet: larger deficit expected

By Lisa Rein
Lisa Rein

Eye Opener
By Lisa Rein

The financially strapped U.S. Postal Service is expected to announce a larger deficit for the third quarter of 2010 than postal officials expected and discuss efforts to take costs out of the system.

The Board of Governors meets at USPS headquarters Thursday morning. USPS began freezing hiring and promotions this week for all administrative positions at post offices, field offices and its Washington headquarters.

In other news: President Obama sets Vietnam War-era Air Force general's record straight.

And HHS celebrates winners of "innovation awards" in one of the federal government's largest agencies.

By Lisa Rein  | August 5, 2010; 12:06 AM ET
Categories:  Agencies and Departments, Eye Opener  
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Next: Postal Service announces $3.5 billion loss for third quarter

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