Is the Post Office Breaking the Law by Eliminating Saturday Delivery?
The U.S. Postal Service announced Wednesday morning that it was moving from six- to five-day delivery to help reduce its ever growing budget deficit. But for years, the post office has argued that it needed congressional authorization to do so. So is the post office's proposal even legal?
It's no secret that the USPS is a financial mess. Last year it lost $15.6 billion and is facing annual budget deficits of $21 billion by 2016. One way the Postal Service has been trying to reduce those massive losses is to scale back the number of days it delivers mail.