After losing about $7 billion this fiscal year, the U.S. Postal Service may shut down as many as 700 local post offices. The postmaster general has also asked Congress to approve cutting deliveries to five days a week.
The full list can be found here (PDF), although with news organizations around the country linking to it, the modest government Web site currently appears to be overrun with visitors.
AP via Yahoo:
The Postal Service may register a loss of nearly $7 billion this fiscal year in spite of a 2-cent increase in the price of stamps in May, cuts in staff and removal of collection boxes.
Post officials sent a list of nearly 700 potential candidates for closing or consolidation to the independent Postal Regulatory Commission for review. More may be added, but the current list of candidates can be viewed at the commission’s Web site, http://www.prc.gov