region-news
Flash is not supported on this device. If you wish to listen to this audio, you must download and play an mp3 using an mp3 player on your device. CLICK HERE

Press the play button to hear the latest news from THE REGION.


Region-News-Team-Black-Logo

US Postal Service Reports $5 Billion Loss

Share this post

us postal service
The US Postal Service is reporting another big loss. ABC News reports the postal service says it lost five billion dollars in the last 12 months - making this the seventh straight losing year in a row. This comes after the agency defaulted last month on a five-point-six billion dollar payment for retiree health benefits. The postmaster general has been begging Congress to pass emergency legislation, restructuring those benefit payments, ending Saturday delivery and finding other ways to offset big drops in revenue from first class mail.


Meet-The-Team

Laura-WAKE Scott-WAKE Brent-WAKE
LAURA WALUSZKO
Region News Team
SCOTT ROSENBERG
Region News Team
BRENT BROWN
Region News Team
Jay-WAKE Karl-WAKE Annie-WAKE
JAY STEVENS
Region News Team
KARL BERNER
Region News Team
ANNIE FOX
Region News Team

Recent-Newscast

Flash is not supported on this device. If you wish to listen to this audio, you must download and play an mp3 using an mp3 player on your device. CLICK HERE