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  • United States Postal Service

    Postal Service Finances: Yes, It Can Get Worse

    It is becoming hard to keep the billions of dollars in missed payments and recorded losses by the U.S. Postal Service (USPS) straight. Today, tack another multibillion-dollar chunk of change onto the list: The USPS reported a third-quarter net loss of $5.2 billion, bringing year-to-date losses to $11.6 billion. But … More

    Postal Service in Default: The Beginning of the End?

    Today the U.S. Postal Service (USPS) will default on $5.5 billion in payments to the Treasury for future retiree health benefits. That is no small sum, to be sure. But much to the dismay of the USPS—and the ire of taxpayers—it marks the first of several anticipated and potentially larger … More

    Senate Postal Reform: A Lot of Money, Little Change

    With nine days to go before the U.S. Postal Service (USPS) faces default, a Senate committee on Wednesday is expected to vote on a new plan to address the crisis. The plan takes a few steps in the right direction, but it falls short of the comprehensive reform that is … More

    Top 10 Reads: Oct. 5th, 2011

    Catching you up on clips, commentary and news of the day. Sign up for the daily email update from Scribe. Ambrose: Federal law will get you even if you watch out – Jay Ambrose, Scripps Howard News Service Issa: Postal Service Must Cut Workers – Newsmax Wires Russia Pledges to … More

    Top 10 Reads: Oct. 4th, 2011

    Catching you up on clips, commentary and news of the day. Sign up for the daily email update from Scribe. The power of civil society – Ed Feulner, The Washington Times New State Laws Could Impact 2012 Vote – Sam Favate, Wall Street Journal The Best Countries for Business – … More

    Top 10 Reads: Sept. 28, 2011

    Catching you up on clips, commentary and news of the day. Sign up for the daily email update from Scribe. Sorting out the Postal Service’s future – Rep. Darrell Issa, The Washington Times Minimum Wage – Another Example of Good Intentions Gone Wrong – James Sherk, FoxNews.com Pakistan must pay … More

    Postal Service: Down the Chute?

    Will the last one to leave the post office please turn out the lights? Things are looking pretty grim at the Postal Service. In a report made public today, the U.S. Postal Service (USPS) proposed cutting 220,000 positions, leaving its workforce—which once ranked with Indian Railways and the People’s Liberation … More