Postal Service delays closings until May 15

[clearvision]

CNN money:

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 U.S. Postal Service agreed to voluntarily enact a moratorium on closures, after a series of talks with senators, lawmakers said. Sen. Richard Durbin said the postal 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.

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Wait a minute. They are out of money and need to close down and say they will. Now they "voluntarily" agree to a moratorium on closures? Should not be up to them. Out of money, start shutting down. I don't see the "deal" here.

[RandyM]

The U.S. Postal Service agreed to voluntarily enact a moratorium on closures, after a series of talks with senators, lawmakers said. Sen. Richard Durbin said the postal service agreed to the deal, and he called it a challenge to Congress to "put up or shut up."

 

 

 

Everyone bend over.