Monday, September 05, 2011

In E-Mail Age, Postal Service Struggles to Avoid a Default - NYTimes.com

In E-Mail Age, Postal Service Struggles to Avoid a Default - NYTimes.com:

"The United States Postal Service has long lived on the financial edge, but it has never been as close to the precipice as it is today: the agency is so low on cash that it will not be able to make a $5.5 billion payment due this month and may have to shut down entirely this winter unless Congress takes emergency action to stabilize its finances."

'via Blog this'

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