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Postal Service moving ahead with $3b in cuts

Changes could end next-day mail delivery

By Hope Yen
Associated Press / December 5, 2011
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Facing bankruptcy, the US Postal Service is pushing ahead with unprecedented cuts to first-class mail next spring that will slow delivery and, for the first time in 40 years, eliminate the chance for stamped letters to arrive the next day. The estimated $3 billion in reductions, to be announced in broader detail today, are part of a wide-ranging effort by the cash-strapped Postal Service to quickly trim costs, seeing no immediate help from Congress.

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