USPS keeps losing money, Congress weighs action

November 20, 2012 - 07:30 PM
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Davidson interview November 19, 2012

Last week, Postmaster General Patrick Donahoe reported a $15.9 billion dollar loss in 2012 and forecast more red ink in 2013. That sobering statistic capped a rough year for the postal service. They defaulted on billions in payments to avoid a bankruptcy filing.

Joe Davidson, 'Federal Diary' columnist for The Washington Post, discussed the relationship between USPS and Congress on Capital Insider.

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