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Archive for August 14th, 2013

USPS Still a Loser

Wednesday August 14th, 2013   •   Posted by K. Lloyd Billingsley at 8:54am PDT   •   4 Comments

In the quarter that ended June 30, the U.S. Postal Service (USPS) lost $740 million, down from $5.2 billion in losses during the same period last year. The USPS managed to reduce those losses by eliminating delivery routes, raising prices on stamps, consolidating facilities, cutting hours and other measures. Revenue from shipping packages was…
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The Sequester Furloughs Fizzle

Wednesday August 14th, 2013   •   Posted by Craig Eyermann at 7:04am PDT   •   2 Comments

Back in February, President Obama and many of his appointed officials tried to make a federal case out of looming budget cuts required by the budget control deal he cut back in the summer of 2011 during the debt ceiling crisis. Spending cuts that he proposed, which were called the “sequester”. We’ve been saying…
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