Tuesday, May 08, 2012

Signed, Sealed, Delivered

It has been reported that nearly every day the U.S. Postal Services loses $25 million. 

Back in December the Postal Service wanted to close more than half of its mail processing centers, but the government refused as it has numerous times before. The USPS had offered to cut their own budget and close their own offices and take control of their budget but to no avail. 


According to reports, "until now, taxpayers have not been on the hook for its mounting losses, but that could be about to change. A bailout recently approved by the Senate would appropriate $34 billion in federal money."

But the USPS is cannot shoulder the full blame of their recent financial situation.  The report further stated that "Congress shares much of the blame. For years, the Postal Service begged Washington for the freedom to cut its own budget by closing post offices and cutting employees. But Congress, under pressure from rural constituents and labor unions, prevented the cuts, and the service continued to bleed red ink."

Is there another way to sign, seal and deliver our mail or will we as tax payers be held accountable for yet another government mistake and have to "post" bail?  To learn more about the USPS and the decision of Congress please go to the follow link: http://www.foxnews.com/politics/2012/05/08/it-all-your-money-us-postal-service-bailout/#ixzz1uHxoOQls

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