White House to Propose Plan to Help Postal Service (Unions stick to no-layoff clause):
Postmaster General Patrick R. Donahoe testified that even with a three-month reprieve on the $5.5 billion payment, the post office was likely to run out of cash and face a shutdown next July or August unless Congress passed legislation that provided a long-term solution for the ailing agency..........................................................................................
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(Excerpt) Read more at nytimes.com ...
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