Digital Musings of Tabitha Hawk

POST OFFICE RUNNING OUT OF CASH - With a $5.5 billion payment on its retiree-healthcare plan looming at the end of this month, the U.S. Postal Service is facing a default that could cause it to run out of cash completely this winter. The Post Office has been pinched by E-mail and other forms of electronic communication. 80% of USPS its overall budget goes to labor, as opposed to 53% at UPS and just 32% at FedEx.