Postmaster General Urges Congress to Fix Business Model to Close $20B Gap
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WASHINGTON, DC—July 17, 2013—Postmaster General Patrick R. Donahoe told a House committee yesterday the Postal Service continues to face systemic financial challenges because it has a business model that does not allow it to adapt to changes in the marketplace and it does not have the legal authority to make the fundamental changes that are necessary to achieve long-term financial stability.
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