US postal service wants Congress to make changes to its business model
<p><span word="This">This</span> <span word="month">month</span>, <span word="the">the</span> <span word="United">United</span> <span word="States">States</span> <span word="Postal">Postal</span> <span word="Service">Service</span> <span word="reported">reported</span> <span word="a">a</span> <span word="loss">loss</span> <span word="of">of</span> <span word="over">over</span> <span word="five">five</span> <span word="billion">billion</span> <span word="dollars">dollars</span> <span word="from">from</span> <span word="April">April</span> <span word="to">to</span> <span word="June">June</span>. <span word="The">The</span> <span word="Postal">Postal</span> <span word="Service">Service</span> <span word="says">says</span> <span word="it">it</span> <span word="expects">expects</span> <span word="to">to</span> <span word="report">report</span> <span word="a">a</span> <span word="loss">loss</span> <span word="of">of</span> <span word="fifteen">fifteen</span> <span word="billion">billion</span> <span word="dollars">dollars</span> <span word="for">for</span> <span word="the">the</span> <span word="twelve">twelve</span>-<span word="month">month</span> <span word="period">period</span> <span word="ending">ending</span> <span word="in">in</span> <span word="September">September</span>. <span word="And">And</span> <span word="the">the</span> <span word="government">government</span> <span word="agency">agency</span> <span word="has">has</span> <span word="warned">warned</span> <span word="of">of</span> <span word="even">even</span> <span word="bigger">bigger</span> <span word="losses">losses</span> <span word="if">if</span> <span word="Congress">Congress</span> <span word="does">does</span> <span word="not">not</span> <span word="let">let</span> <span word="it">it</span> <span word="change">change</span> <span word="the">the</span> <span word="way">way</span> <span word="it">it</span> <span word="does">does</span> <span word="business">business</span>.</p><p><span word="The">The</span> <span word="United">United</span> <span word="States">States</span> <span word="Postal">Postal</span> <span word="Service">Service</span>, <span word="or">or</span> <span word="USPS">USPS</span>, <span word="has">has</span> <span word="a">a</span> <span word="long">long</span> <span word="history">history</span> <span word="in">in</span> <span word="America">America</span>. <span word="Benjamin">Benjamin</span> <span word="Franklin">Franklin</span> <span word="was">was</span> <span word="appointed">appointed</span> <span word="the">the</span> <span word="first">first</span> <span word="Postmaster">Postmaster</span> <span word="General">General</span>, <span word="or">or</span> <span word="head">head</span> <span word="of">of</span> <span word="the">the</span> <span word="postal">postal</span> <span word="service">service</span>, <span word="in">in</span> <span word="seventeen">seventeen</span> <span word="seventy">seventy</span>-<span word="five">five</span>.</p><p><span word="But">But</span> <span word="the">the</span> <span word="Postal">Postal</span> <span word="Service">Service</span> <span word="says">says</span> <span word="its">its</span> <span word="income">income</span> <span word="has">has</span> <span word="not">not</span> <span word="kept">kept</span> <span word="up">up</span> <span word="with">with</span> <span word="growing">growing</span> <span word="costs">costs</span>. <span word="Profitable">Profitable</span> <span word="first">first</span> <span word="class">class</span> <span word="mail">mail</span> <span word="is">is</span> <span word="decreasing">decreasing</span>.</p><p><span word="The">The</span> <span word="service">service</span> <span word="says">says</span> <span word="most">most</span> <span word="of">of</span> <span word="its">its</span> <span word="recent">recent</span> <span word="losses">losses</span> <span word="resulted">resulted</span> <span word="from">from</span> <span word="making">making</span> <span word="payments">payments</span> <span word="to">to</span> <span word="its">its</span> <span word="health">health</span> <span word="care">care</span> <span word="program">program</span> <span word="for">for</span> <span word="retirees">retirees</span>. <span word="About">About</span> <span word="a">a</span> <span word="billion">billion</span> <span word="dollars">dollars</span> <span word="of">of</span> <span word="the">the</span> <span word="loss">loss</span> <span word="was">was</span> <span word="for">for</span> <span word="payments">payments</span> <span word="to">to</span> <span word="injured">injured</span> <span word="workers">workers</span>.</p><p><span word="The">The</span> <span word="news">news</span> <span word="from">from</span> <span word="April">April</span> <span word="to">to</span> <span word="June">June</span> <span word="was">was</span> <span word="not">not</span> <span word="all">all</span> <span word="bad">bad</span>. <span word="Improvements">Improvements</span> <span word="in">in</span> <span word="the">the</span> <span word="economy">economy</span> <span word="fueled">fueled</span> <span word="a">a</span> <span word="nine">nine</span> <span word="percent">percent</span> <span word="increase">increase</span> <span word="in">in</span> <span word="income">income</span> <span word="from">from</span> <span word="shipping">shipping</span> <span word="and">and</span> <span word="delivery">delivery</span>. <span word="The">The</span> <span word="Postal">Postal</span> <span word="Service">Service</span> <span word="says">says</span> <span word="it">it</span> <span word="is">is</span> <span word="less">less</span> <span word="costly">costly</span> <span word="to">to</span> <span word="send">send</span> <span word="letters">letters</span> <span word="and">and</span> <span word="packages">packages</span> <span word="in">in</span> <span word="the">the</span> <span word="mail">mail</span> <span word="than">than</span> <span word="to">to</span> <span word="use">use</span> <span word="private">private</span> <span word="companies">companies</span>.</p><p><span word="The">The</span> <span word="Postal">Postal</span> <span word="Service">Service</span> <span word="says">says</span> <span word="it">it</span> <span word="has">has</span> <span word="cut">cut</span> <span word="operating">operating</span> <span word="costs">costs</span> <span word="by">by</span> <span word="a">a</span> <span word="total">total</span> <span word="of">of</span> <span word="fourteen">fourteen</span> <span word="billion">billion</span> <span word="dollars">dollars</span> <span word="in">in</span> <span word="the">the</span> <span word="past">past</span> <span word="five">five</span> <span word="years">years</span>. <span word="To">To</span> <span word="improve">improve</span> <span word="its">its</span> <span word="financial">financial</span> <span word="health">health</span>, <span word="the">the</span> <span word="agency">agency</span> <span word="has">has</span> <span word="proposed">proposed</span> <span word="cutting">cutting</span> <span word="service">service</span> <span word="on">on</span> <span word="Saturdays">Saturdays</span>. <span word="It">It</span> <span word="also">also</span> <span word="wants">wants</span> <span word="Congress">Congress</span> <span word="to">to</span> <span word="cancel">cancel</span> <span word="a">a</span> <span word="requirement">requirement</span> <span word="that">that</span> <span word="the">the</span> <span word="postal">postal</span> <span word="service">service</span> <span word="make">make</span> <span word="advance">advance</span> <span word="payments">payments</span> <span word="to">to</span> <span word="the">the</span> <span word="health">health</span> <span word="care">care</span> <span word="program">program</span> <span word="for">for</span> <span word="retired">retired</span> <span word="workers">workers</span>. <span word="USPS">USPS</span> <span word="also">also</span> <span word="wants">wants</span> <span word="the">the</span> <span word="Treasury">Treasury</span> <span word="Department">Department</span> <span word="to">to</span> <span word="return">return</span> <span word="eleven">eleven</span> <span word="billion">billion</span> <span word="dollars">dollars</span> <span word="in">in</span> <span word="overpayments">overpayments</span> <span word="made">made</span> <span word="to">to</span> <span word="its">its</span> <span word="pension">pension</span> <span word="plan">plan</span> <span word="for">for</span> <span word="retirees">retirees</span>.</p>
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