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Originally published on Wed February 6, 2013 12:57 pm
(We updated the top of this post at 10:37 a.m. ET.)
Calling it "absolutely necessary" if the U.S. Postal Service is going to stop losing billions of dollars a year and reach anything close to financial stability, Postmaster Gen. Patrick Donahoe confirmed Wednesday morning that USPS is moving to eliminate Saturday delivery of first-class mail.
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