The Lessons of Debt Spendings: U.S. Postal Service to default on second $5B payment; Losses a record $15 billion this year; Donahoe resorts to blame game

U.S. Postal Service to default on second $5B payment ...
WASHINGTON - The U.S. Postal Service, on the brink of default on a second multibillion-dollar payment it can't afford to pay, is sounding a new cautionary ...

U.S. Postal Service to Default Again - WSJ.com
WASHINGTON—The U.S. Postal Service said it will default on a $5.6 billion obligation on Sunday, marking the second failed multibillion-dollar payment to fund future ...

Postal service on brink of financial ruin, will lose $15 ...
WASHINGTON (AP) — The U.S. Postal Service, on the brink of default on a second multibillion-dollar payment it can't afford to pay,...

"Absolutely, we would be profitable right now," Donahoe told The Associated Press, when asked whether congressional delays were to blame for much of the postal losses, expected to reach a record $15 billion this year.



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