Post Office Begs for Congress' Help

We can't pay all the bills this year: chief
By Ambreen Ali,  Newser User
Posted Mar 25, 2009 12:03 PM CDT
Postmaster General John Potter testifies on Capitol Hill in Washington earlier today.   (AP Photo/Alex Brandon)
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(Newser) – The Postal Service can’t pay all of this year’s bills, the postmaster general warned Congress today as he proposed shedding $6 billion in costs and Saturday service. He clarified that the agency—which doesn’t get taxpayer subsidies—wants Washington’s help, not a bailout. Due to declining mail volume, this year’s losses are expected to be worse than last year’s $2.8 billion, the AP reports.