Friday August 14, 2020

U.S. Postal Service lost ‘only’ $5 billion in latest year

The U.S. Postal Service reported on Friday that it managed to slow the hemorrhaging of cash in its latest fiscal year, but said a legislative fix is still needed to put it on a sound financial footing. The mail agency, which does not rely on taxpayer funds, said its loss for the 2013 fiscal year narrowed to $5 billion from nearly $16 billion in the prior year.  More…

Posted by at November 18, 2013
Filed in category: News, Outrageous, Politics,

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