While lawmakers continue to fight over how to fix the ailing U.S. Postal
Service, the agency's money problems are only growing worse.
The Postal Service repeated on Wednesday that without congressional action, it
will default—a first in its long history, a spokesman said—on a legally
required annual $5.5 billion payment, due Aug. 1, into a health-benefits [...]
* U.S. Post Office in Danger of Collapse