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Wednesday, February 6, 2013

U.S. Postal Service to Drop Saturday Mail in August

WJBK-TV reports the move will save about $2 billion and will not affect package delivery.

The U.S. Postal Service will announce the end of Saturday mail delivery, WJBK-TV reported Wednesday morning.  Saturday mail delivery will end in August. The move, which does not affect package delivery, is expected to save $2 billion annually, the report indicated. It's part of a 5-year plan to cut $20 billion, according to The Washington Post.  On Tuesday, The Huffington Post reported that Hallmark Cards, Inc. has hired lobbyists who will ask Congress to keep Saturday delivery and consider other cost-saving measures. According to the report, postal workers say the move could result in the loss of 80,000 jobs.  Will the loss of Satuday mail delivery affect you? Tell us what you think in a comment. 

Sherry Woodbeck

8:29 am on Wednesday, February 6, 2013

In 2006, Congress decreed that the USPS must fully fund current and future employees’ pension and health care costs to the tune of $5.5 billion a year. Congress required this funding to be done in 10 years to cover the costs for the next 75 years! I know of no business that pays 75 years into the future for its employees’ pension and health benefits. I know of no business that pays such costs for…   more ›

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