IPFS News Link • United States Postal Service
USPS Chief Lays Out Plan for the Agency’s Survival
• www.cnbc.comPatrick Donahoe told "CBS This Morning" the agency isn't asking Congress for money.
He said, "I think most people don't realize, we're 100 percent self-sufficient. We pay our own way." But the postal chief notes the agency is losing $15.9 billion this year.
Donahoe says the post office needs to refinance retirement health fund payments to $1 billion a year instead of $5 billion.