US Postal Service is broke

[Johnson]

The United States Postal Service has been teetering on the edge for awhile now, but if Congress doesn't do something soon they will be completely broke by January. http://www.nytimes.com/2011/09/05/business/in-internet-age-postal-service-struggles-to-stay-solvent-and-relevant.html?pagewanted=1&_r=1

 

[Jdrake]

So what happens if the UPS goes broke. Does that mean that we are going to have to pay an arm and a leg to have things shipped?

 

[bighelp]

I wonder what will happen to current mail already in the system, will that get delivered? Most of my mail is already sent electronic, other than large items I really do not get "postal mail".

 

[Kenny]

The problem here is that we "have" to have a post office unless the Federal laws are changed. Congress can't just let them go broke so something will have to be done. We all know how well Congress is getting along these days....