US Post Office losing billions each quarter and continuing losses.
Interesting question. And this is not something that is a short term situation. They have been losing billions every quarter. Their 3rd quarter, which is the April to June period, results in a loss of $5.2 billion. And the tax payers are going to be on the hook for that money. While the Post Office must be in business to deliver the mail across the country, this kind of a loss is rather significant and one which cannot continue to occur. In the previous quarter, they lost in the billions as well and there appears to be no end in sight.
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