Mail Delivery Could Go to Three Days a Week

Thursday, 21 Jul 2011 07:43 AM

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
The financial woes of the U.S. Postal service could prompt mail delivery to tfo to three times a week and end Saturday mail delivery altogether within 15 years, Postmaster General Patrick Donahoe said.

USA Today reports that Donahoe's forecast is based on a projected $8.3 billion loss this year as the drift from paper to electronic communication hammers the Postal Service. The worst of the Service's debt is the a $5.5 billion payment due Sept. 30 to cover future retirees' health benefits.

The Postal Service has had six-day a week mail since the 19th century. Donahoe wasn't sure how soon delivery reductions would happen but asmits Congress -- in a budget-cutting mode -- is more open to trimming.

The Postal Service estimates the move would save $3.1 billion a year.

Donahoe said the idea has "a much better chance today than a year ago. I don't know if I'd say 'likely' yet."

© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Pete Hoekstra: Kerry Is Doing Shuttle Diplomacy

Friday, 25 Jul 2014 15:08 PM

Secretary of State John Kerry is engaged in "shuttle diplomacy" as he travels from crisis to crisis around the Middle Ea . . .

Official: Israel Rejects Ceasefire Plan

Friday, 25 Jul 2014 15:02 PM

Israel rejected international proposals for a ceasefire in its fight against Islamist militants in Gaza on Friday, but i . . .

Minuteman Project's Gilchrist: This Is a 'Politically-Inspired Invasion'

Friday, 25 Jul 2014 14:38 PM

Religious and political organizations have banded together to "pierce" America’s immigration system for "religious, poli . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved