May 25, 2013

health care costs - News


Did Internet Almost Kills United States Postal Service? , USPS Reports $3.5 Billion Loss

postal service usps

The U.S. Postal Service reported a $3.5 billion loss in its most recent quarter Thursday, as mail volume plummets and retiree health care costs mount. The USPS, a self-supporting government agency that receives no tax dollars, said operating revenue declined 1.8% to $16 billion during the fiscal 2010 third quarter compared to a year earlier, [...]