U.S. Postal Service Loses $8.5 Billion in 2010

| November 12, 2010

The trouble continues at the U.S. Postal Service.  It lost a record $8.5 billion, and said almost two thirds of the deficit, or $5.5 billion, covered health-benefit costs for future retirees.  Hey, here’s a novel idea (not)…. let’s raise the cost of postage stamps every year, that way the postal workers can keep their retirement benefits.  The U.S. […]

U.S. Postal Service Denied Rate Increase

| September 30, 2010

The U.S. Postal Service was denied a proposed increase in rates after its regulator said the agency couldn’t justify the request. The decision left the price of first-class stamps unchanged at 44 cents. The Postal Regulatory Commission in Washington today said the service couldn’t support a proposal for an average increase of 5.6 percent when the inflation rate is […]

Copyright © 2024 The Stated Truth