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Podcasts Take Two
USPS awaits reforms in order to cut costs
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Jul 25, 2013
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USPS awaits reforms in order to cut costs
Among the changes on the table are ending Saturday mail delivery and no longer having postal carriers bring mail to citizens' doors.
U.S. Postal Service employee Netza Suastegui delivers the mail on February 6, 2013 in Los Angeles, California. The U.S. Postal Service plans to end Saturday delivery of first-class mail by August, which could save the service $2 billion annually after losing nearly $16 billion last fiscal year.
U.S. Postal Service employee Netza Suastegui delivers the mail on February 6, 2013 in Los Angeles, California.
(
Kevork Djansezian/Getty Images
)

Among the changes on the table are ending Saturday mail delivery and no longer having postal carriers bring mail to citizens' doors.

Neither snow nor rain nor gloom of night is supposed to stop the post office, but what about losing $25 million a day?

The US Postal Service is hemorrhaging money while it waits for Congress to come up with postal reforms, and this week a House committee chaired by California congressman Darrell Issa is looking for ways to cut costs at the financially troubled organization.

Among the changes on the table are ending Saturday mail delivery and no longer having postal carriers bring mail to citizens' doors. For a better look on how the service could change, Don Soifer, executive director of the Consumer Postal Council, joins the show.