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Senate debates pumping in money to keep Postal Service solvent

With big postal cuts looming, the Senate is deciding whether to stabilize the ailing U.S. Postal Service with a short-term cash infusion while delaying most decisions on closing post offices and ending Saturday mail delivery. The mail agency, teetering on the brink of bankruptcy, says it needs to begin closing thousands of low-revenue post offices and mail processing centers this year.

A Senate bill being debated this week would slow, if not stop, many of the closings. It forces the agency to consider the needs of rural communities and undergo additional review.

Filed under: Politics | Economy | Around the region


 
 

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