Tired of waiting for Congress to help, the Postal Service later Wednesday is expected to unveil a series of more drastic cuts they plan to pursue that will save them billions of dollars, a spokesperson for the service confirmed. It's unclear at the moment whether the Postal Service has the authority to quit delivering letters on Saturdays. Previously, it has said it needs Congress to change current law to do so.
However, two sources confirmed for CNN that the plan includes an end to Saturday mail service except for package delivery, which has seen growth in the past few years.
The Postal Service has been borrowing billions of dollars from taxpayers to make up for shortfalls caused by a 2006 congressional mandate, under which it has to pre-fund healthcare benefits for future retirees. Technological advances have also led to a decline in first-class mail, which most consumers use to stay in touch and pay bills.
