Postal Service Loses Half a Billion Dollars!

One federal agency has a history of pouring money down the drain, but now they’re boasting about their finances. The U.S. Postal Service had a net loss of $586 million for the third quarter, which is about $1.5 billion less than they lost the previous year. USPS issued a press release Monday touting the savings, pointing out the “reduction of $1.4 billion from the net loss of $2 billion for same period last year.” “While it may seem tempting for USPS backers to cheer the agency Read more […]