The Demo Site

The fiscal down turn has hit the Postal Service just as much as any other for profit business. Over the last year the mail volume has dropped dramatically. Therefore, the Postal Service is taking steps to try to stay on step with the down turn. However, Emergency Aid for the Postal Service was introduced to the senate.

The following is an excerpt from eNAPUS:

"Like H.R. 22, a similar (but not identical) measure moving through the House of Representatives, Carper's bill restructures the Postal Service’s obligation to pay its retiree health benefit payments, generating significant savings to the Postal Service over the next several years. The Carper bill also gives USPS more borrowing authority to meet its financial obligations and get through this current fiscal year and next."

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July, 26, 2009