U.S. Postmaster General: “We’re facing our own fiscal cliff” – CBS News

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In order to improve the organization’s financial situation, Donahoe said on “CBS This Morning” that he’s asking Congress to refinance retiree health benefits and eliminate Saturday delivery of mail. He said, “We’re not asking to get dug out from under, we’re taking the responsibility of doing it, but rather than pay $5.5 billion a year we think we should be paying around a billion a year (in retiree health benefits). The second thing we want to do is eliminate Saturday delivery of mail, not packages, just mail. So we would have post offices open Saturday and we would still have package delivery.”

via U.S. Postmaster General: “We’re facing our own fiscal cliff” – CBS News.

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Written by Lisa.Bowes

November 28th, 2012 at 3:12 pm

Posted in USPS

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