Washington (CNNMoney) – The U.S. Postal Service on Monday will announce a cost-savings proposal that would no longer guarantee next-day delivery of first-class mail.
The financially troubled agency will present to its overseers a proposal to change its national standard for first-class mail to two-to-five days from one-to-three, according to interviews with several mail industry officials who received a presentation by the agency this week.
The federal government is not doing much better running Medicare. High cost and plenty of room for improvement. At least Paul Ryan has come up with a plan to improve Medicare while we still have an opportunity. I look forward to 2013 when we can begin these upgrades.
Just make sure you give a piece of the action to the chosen one's chicago gang and you will able to get whatever regs changes you want...and money up the yang-yang. Just make the check out to 'hope and change 2012'.
Interesting that they are STILL saying they are struggling. About two months ago there was an article about Congress requiring them to prepay health insurance based on projected employees. That same article said that they have prepaid over 6 BILLION dollars and that is enough money to cover the next 75 years of premiums!
Where is the outrage?