Postal Banking Won’t Deliver For USPS

Despite another quarter of surging net losses at the U.S. Postal Service, leadership is all too eager to plunge the agency into even more debt.

During its board of governors meeting on Aug. 9, key executives suggested that the USPS be “bold and creative” in saving the agency and paying down the more than $10 billion in debt it owes to the U.S. Treasury.

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