Video: Obama: Government Health Care will be like…the Post Office

August 11th, 2009 filed under Headlines.
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Gulp. US Post Office posts massive loss, considers closing 700 offices…

The Postal Service may register a loss of nearly $7 billion this fiscal year in spite of a 2-cent increase in the price of stamps in May, cuts in staff and removal of collection boxes.

Post officials sent a list of nearly 700 potential candidates for closing or consolidation to the independent Postal Regulatory Commission for review.

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