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U.S. Postal Service hit with record loss of $15.9billionQuicklink Submitted By Sheila Samples No comments
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Copyrighted Image? DMCA | The struggling U.S. Postal Service is reporting a record annual loss totaling $15.9billion, while overall mail volume sinks. The financial losses for the fiscal year 2012 ending on September 30 were nearly $11billion more than the previous year. If Congress fails to act, Postal Service could run out of money next year - leading to 8 million job losses |
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Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.
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