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No More Mail on Saturdays
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FBN's Rich Edson on USPS delivery changes.
- Duration 1:49
- Date Feb 6, 2013
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FBN's Rich Edson on USPS delivery changes.
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-- -- It's another snow nor rain nor gloom of night can stop the post office from delivering but.
It's -- now it's only during the wage right -- don't.
Leave us alone on Saturday which is fine with both me and dig in the maybe some other people have problems with that let's talk to -- -- about the Postal Service are gonna -- Saturday delivery rich don't do it.
They will and David asking congress to let them do this for years and I think they found something in the law that allows them to end.
Saturday delivery the last fiscal year alone in the USPS loss sixteen billion dollars are likely on track to lose billions more this year is -- this is their attempt.
To try to get this back in the lines of this is what's in store for Saturday's the -- plant just announced.
By the Postal Service no letter delivery on Saturdays -- post offices will remain open packaging PO box delivery will continue.
And that'll save about two billion dollars postmaster general says this is the first step to getting the USPS.
Back -- We generate all of our revenues from the sale of postage we take no tax dollars we do not want tax dollars.
However.
We also don't have the ability to reduce costs in the way of their private business would.
The -- -- union they don't like it here's a statement from them at the postmaster general is unwilling or unable to develop a Smart growth strategy that serves nearly 50% of business mailers.
That want to keep six day service.
And if he arrogantly thinks he's above the law are has the right to decide policy matters that should be left to congress.
It is time for him to step down there was a fifteen billion dollar borrowing limit to the Treasury Department -- the post -- This had is Max that out.
Back to you from the other.
Bleeding money.
And to send us an email on Saturday -- -- -- with us thank you rich -- and I don't you wanna email Citadel -- you don't respond completely -- -- collier would call.