The PMG announced yesterday that nearly 3,700 additional Post Offices would be studied for closure.
That means that nearly 1 in 9 Post Offices could be shuttered within a few months.
This is being proposed because of the current fiscal crisis that sees us losing $8.5 billion this year and capping out at our max borrowing on Sept. 30.
We've already suspended FERS contributions and have threatened not to make the retiree health care prepayment mandated by the 2006 Postal Law.
All of this would be made right if:
* Congress would allow us to deliver less than six days a week
* The retiree health care prepayment requirement were lifted.
Additionally, CSRS and FERS have both been overfunded, according to the OIG.
What do you think about this annoucement? Will this get the attention of Congress?
Care to comment?