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Postmaster says USPS may need emergency rate hike

Associated Press
Postmaster says USPS may need emergency rate hike

FILE In this April 19, 2013, file photo, Postmaster General Patrick Donahoe speaks at a National Press Club luncheon in Washington. Donahoe said Thursday, Sept. 19, his agency is in "the midst of a financial disaster" and may need an emergency increase in postage rates to keep operating. "The Postal Service as it exists today is financially unsustainable," he told the Senate Homeland Security and Governmental Affairs Committee. (AP Photo/Molly Riley, File)

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