2011 Year in Review: Politics
USPS Suffers Continued Losses, Requests an End to Saturday Mail
The struggling United States Postal Service (USPS), which reported an $8.5 billion loss in 2010, requested from Congress the ability to restructure itself in September. Postmaster General Patrick Donahoe revealed a plan which would include raising rates, delaying payments on retirement packages, closing many USPS locations and ending Saturday delivery. President Obama's proposal to reduce the debt included several of Donahoe's requests, including ending Saturday mail service. In November, the USPS revealed it ended fiscal year 2011 with a $5.1 billion loss.
Kyle A. Richardson is the editorial director of Promo Marketing. He joined the company in 2006 brings more than a decade of publishing, marketing and media experience to the magazine. If you see him, buy him a drink.