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Post Office Needs Work, Panel Says

August 01, 2003|From Associated Press

WASHINGTON — A presidential commission called for significant modernization of the Postal Service on Thursday.

The commission said that without such changes the post office will have three choices: "dramatically roll back service, seek a rate increase of unprecedented scale, or fall even farther into debt, potentially requiring a significant taxpayer bailout."

The report of the President's Commission on the Future of the Postal Service is expected to be subject to congressional hearings. Major recommendations include simplifying the process for changing rates, cutting staff and offering new services, such as personalized stamps.

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