Will Vehicle Cuts Really Help USPS?
The U.S. Postal Service has not received an operational subsidy from Congress since 1982, and current estimates forecast the federal agency will lose a record $6.4 billion in fiscal 2009. And that estimate is on the conservative side.
On top of losses of $2.8 billion in fiscal 2008 and $5.1 billion in fiscal 2007 — the USPS last turned a profit of $900 million in fiscal 2006
