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- Thanks, Chuck: Hagel says U.S. sending Ukraine sleeping mats, helmets
U.S. Postal Service
Latest U.S. Postal Service Items
The U.S. Postal Service will default on billions of dollars in workers' compensation and retiree health payments and could have trouble making payroll without help from Congress, U.S. Postmaster General Patrick Donahoe warned the Senate on Tuesday.
Four years after inspectors found that the cash-strapped U.S. Postal Service could save tens of millions of dollars by charging Netflix for hand-sorting its DVD mailers, postal executives have refused to make the change. Now, regulators are calling the Postal Service's treatment of Netflix discriminatory.
In The Washington Times on March 28, Ryan Cole characterized the Postal Service's $75 billion retiree benefits overpayment as "USPS taxpayer-subsidized CPR" while invoking the name of Lysander Spooner, a 19th-century postal entrepreneur. Moving forward from 19th-century postal history through the 20th century and into the early 21st century, today's Postal Service is subject to annual and pre-funding benefit payments of $11 billion a year.
Patrick Donahoe takes over an agency facing multibillion-dollar deficits, declining mail volume and a looming $5.5 billion bill due by the end of the year to prefund retiree health benefits that the Postal Service can't afford to pay.
Two of America's favorite spacemen _ the cool-headed Mercury astronaut Alan Shepard and the animated Buzz Lightyear of "Toy Story" fame _ join movie stars, musicians and artists being honored in 2011 with stamps from the U.S. Postal Service.
More than 100 U.S. Postal Service employees over 90 years old are collecting workers compensation - a fact one U.S. senator calls troubling, arguing that workers ought to be moved to retirement rolls from which payouts would be less expensive.
The U.S. Postal Service has named a new top ethics officer in the aftermath of a series of embarrassing disclosures about a former key executive at the agency who was permitted to earn more than a quarter-million dollars in outside income and who was accused of steering contracts to former business associates.
If it was "morning in America" for former President Ronald Reagan, a commemorative postage stamp due in February to mark the Gipper's birth centennial will forever view the sunrise.
Outgoing U.S. Postmaster General John E. Potter earned nearly $800,000 last year - an increase of more than $60,000 over the previous year - as the U.S. Postal Service faces the worst financial crisis in its history.