WASHINGTON (AP) — It looks like rescuing the financially struggling Postal Service is going to require thinking outside the mailbox.
The post office was more than $2 billion in the red for the first three months of this year and is facing an $8 billion loss for the fiscal year, which could force it to default on some payments to federal accounts.
Sen. Tom Carper, D-Del., said Tuesday he is introducing a bill to restructure postal finances and ease some of the restrictions that limit its flexibility.
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