Comments on:

Postmaster: Money woes behind rate hike request

Back to the article » |
WASHINGTON (AP) — Postmaster General Patrick Donahoe said Thursday the Postal Service had no choice but to ask for an emergency rate hike given the agency's dire finances. One day after his cash-strapped agency proposed raising the first-class stamp price to 49 cents, Donohoe urged swift action by Congress to overhaul the Postal Service and fix its finances. The post office expects to...