USPS: Another Rate Increase … Please

Published September 26, 2013 8:44am ET



Another bad year and deeper in debt. This is the story of the United States Postal Service, which, as Billy House of the National Journal, reports:

… is seeking rate increases to raise $2 billion, but it might reconsider if Congress can take action to help close its $20 billion budget gap.

The problem is not what one could call temporary or cyclical judging by the USPS’ own statement saying it:

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