Postal Service Hits Borrowing Limit
Linkedin

Postal Service Hits Borrowing Limit

Singapore : Singapore | Oct 16, 2012 at 4:08 PM PDT
Source: Asian Wall Street Journal
XX XX
Views: Pending
 
Postal Service in September hit its $15 billion borrowing limit from the U.S. Treasury for the first time in its history, leaving the agency with only the revenue it takes in from selling stamps, shipping and other services to cover its enormous operating costs. FULL ARTICLE AT Asian Wall Street Journal
 
  • Clear
  • Share:
  • Share
  • Clear
  • Clear
  • Clear
  • Clear
 
 
Advertisement
 
Advertisement
 

News Stories

 
  • U.S. Postal Service hits borrowing limit for first time

    Turks and Caicos Free Press
    The financially struggling United States Postal Service has hit its $15 billion borrowing limit for the first time ever, meaning it will have to rely on revenues from stamps and other products to fund operations. The postal service , which as...

More From Allvoices

 
Tap_logo_330_110_event
 


Use of this site is governed by our Terms of Use Agreement and Privacy Policy.

© Allvoices, Inc 2008-2013. All rights reserved.