Even with another increase in stamp prices for 2014, the post office is still losing....people are using emails and paying bills online more and more...read below for their proposed "fix" to the problem

Post Office $5.6 Billion Default Raises Urgency of Reforms

Tuesday, 22 Oct 2013 11:13 AM

By Jennifer G. Hickey

http://www.newsmax.com/Newsfront/post-office-5-billion-default/2013/10/22/id/532408?ns_mail_uid=42803916&ns_mail_job=1542801_10222013&promo_code=1543C-1

With Congress and the media focused on the government shutdown and how to avoid default on the national debt, little attention was directed toward the U.S. Postal Service which earlier this month defaulted on a required $5.6 billion payment for the healthcare of its future retirees.

The third default on the down-payment in just over a year underscores the necessity of much-needed reforms for the beleaguered Postal Service.

Rep. Darrell Issa of California told Newsmax that without "the freedom to realign its infrastructure and operations in line with the changing way Americans use mail, the agency will remain insolvent."
Read More...