By the end of the fiscal year in October the post office will not have the cash to make two necessary payments. In addition to a payment of $1.3 for worker's compensation due in November, the post office is the only federal agency required to pay $5.5 into an account to fund future medical costs. The postal service is asking Congress to reduce or eliminate the medical prepayments. Since the recession and the increase of email instead of "snail mail" profits for USPS have gone down, causing job loss and budget cuts. They are also looking for ways to increase business through package sales while still finding ways to cut costs, such as closing on Saturdays. If it comes down to it, the mail will be delivered, and the federal government will not get their payment from the postal service.
http://www.msnbc.msn.com/id/41875688/ns/business-consumer_news/
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