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Friday, April 27, 2012

Postal Service bill faces roadblocks

Delay and rescue is inevitable as austerity is the driving force behind changes in leadership.

Headline: Postal Service bill faces roadblocks
WASHINGTON (CNNMoney) -- A Senate bill passed this week to rescue the indebted U.S. Postal Service is drawing fire from key agency officials and House Republican leaders. And it's looking increasingly unlikely that the House and Senate will agree on a plan to save the Postal Service by May 15, when a moratorium on closing postal processing plants expires. The Postal Service Board of Governors, the panel that runs the service, issued a statement late Wednesday, saying the Senate bill "falls short" and "would not enable the Postal Service to return to financial viability." The Senate bill passed Wednesday night. Rep. Darrell Issa of California, who has authored a House plan to save the Postal Service, called the Senate bill "wholly unacceptable." Aides say Republican leaders don't feel pressured to take up the House bill right away, because they're not worried about postal closures. In fact, the House legislation paves the way for more closures, as well as the end of Saturday service.
Source: money.cnn.com

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