Postal Service posts $2 billion loss
Revenue up, but retiree fund debt drags down quarter
Posted: August 12, 2014 at 4:04 a.m.
WASHINGTON -- Despite an increase in revenue for nearly all of the U.S. Postal Service's products, the agency continues to be mired in debt because of a congressional requirement to pay about $5 billion into a future retiree health care fund, post office officials said Monday.
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