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Awash-in-Red USPS 'High-Risk': Fed Watchdog

By Harry Kimball, Newser Staff

Posted Jul 28, 2009 2:30 PM CDT

(Newser) – The Government Accountability Office has put the struggling US Postal Service on its list of “high-risk” federal programs, the Hill reports. The federal watchdog says the USPS will lose $7 billion this year, and that even the end of the recession will not return... Read full story »

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Congress • mail • deficit • Government Accountability Office • USPS • Federal government • US Postal Service

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Awash-in-Red USPS 'High-Risk': Fed Watchdog

Congress • mail • deficit • Government Accountability Office • USPS • Federal government • US Postal Service

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More Newser Stories

Post Office Closing 223 Processing Centers

35K jobs at stake, delivery will slow

Stamps Might Hit 50 Cents

Postal Service cites need for quick action from Congress

USPS Has Dismal Holiday, Loses $3.3B in Quarter

Decline in regular mail more than offsets gift shipping bump

Post Office to Slow Mail, Kill Next-Day Letter Delivery

Half of USPS mail processing centers to shut down this spring

Capitol Hill Buried in Avalanche of Angry Mail

One office seeing 1,422% more mail than in 2002

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