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Released: December 14, 2011
Postal Service delays closings until May 15
Source: Jennifer Liberto, CNNMoney.com (Free Registration)
The U.S. Postal Service has agreed to hold off on closing any more post offices or mail facilities until May 15, 2012, to allow Congress time to work on a plan to save the service.
The Postal Service agreed to voluntarily enact a moratorium on closures, after a series of talks with senators, lawmakers said. Sen. Richard Durbin, an Illinois Democrat, said the service agreed to the deal, and he called it a challenge to Congress to “put up or shut up.”
The news of the moratorium comes just a week after the Postal Service announced a plan to slow down first-class mail, which would have closed some 250 mail processing plants nationwide and eliminated 28,000 jobs.
Read Full Article: Postal Service delays closings until May 15
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