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Tag Archives: Postmaster General

U.S. Postal Service Loses $3.2 Billion in 2nd Quarter

The U.S. Postal Service continues to sink, on Thursday it reported a quarterly loss of $3.2 billion. The funny part is they are blaming the Congress for blocking the agency’s cost-cutting efforts to offset declining mail volume and mounting costs for future retiree health benefits. From January to March, losses were $1 billion more than during the same period last ... Read More »