President Obama endorses reducing U.S. Postal Service's delivery to five days
WASHINGTON — President Barack Obama said Monday the U.S. Postal Service should be allowed to reduce mail delivery to five-days-a-week to help cut its massive losses.
The Postal Service lost $8.5 billion last year and is facing even more red ink this year as the Internet siphons off large amounts of first-class mail and the weak economy reduces advertising mail.
While the post office has cut more t...
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