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US Postal Service Reports 7th Year of Net Loss

Updated: Friday, November 15 2013, 09:04 PM EST
CINCINNATI (WKRC) -- The US Postal service says it lost five billion dollars in the past 12 months. 

This is the seventh straight year it's reporting a net loss. 

Postal administrators say the loss increases the urgency for Congress to let the post office end Saturday mail delivery and reduce payments for retiree health benefits. US Postal Service Reports 7th Year of Net Loss


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