U.S. Postal Service Considering Cuts

POSTED: Thursday, March 26, 2009 - 7:05am

UPDATED: Wednesday, February 17, 2010 - 10:29pm

The postal service is running out of money and you may see the effects at your local post office. The U.S. Postal Service is in such dire straights financially, it lost nearly $3-billion last year and could lose more this year.

Now the postmaster is thinking of cutting service from six days to five. Lawmakers have not been keen on the idea but the postmaster says it's the only way they'll be able to stay afloat.

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