Are the U.S. Postal Service Days Numbered?
The United States Postal Service is in serious trouble and we will either see some major changes or a possible shut down of the service this winter. According to a New York Times report from Aug. 4, the Postal Service is so low on cash that it will not be able to make a $5.5 billion payment due this month and could shut down entirely by winter if Congress doesn’t take some sort of emergency action to stabilize the Postal Service and its finances.
“If congress doesn’t act, we will default,” Postmaster General Patrick Donahoe said.




