U.S.: U.S. Postal Service looking more and more screwed by the day
- bad The U.S. Postal Service could possibly miss a $5.5 billion payment set aside for retirees to help pay for future health care. It’s due Sept. 30.
- worse That’s just the tip of the iceberg; they’re having long-term funding issues due to union contracts, restrictive laws, and the rise of e-mail.
- worser The result is that, without Congress’ help, the Postal Service could run out of money by early next year — which could hurt the economy. source
