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Saving the Post Office One Day at a Time

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Last year the United States Post Office posted nearly $16 billion in losses. The three years before then averaged around $5 billion in losses. Now, the USPS Chief is looking at serious ways to save the Post Office which includes the end to Saturday mail and cuts in benefits.

The head of the financially struggling U.S. Postal Service said the agency must be allowed to ease the terms of prepayments into a retiree health-care fund and eliminate general mail delivery on Saturday.

Patrick Donahoe told "CBS This Morning" the agency isn't asking Congress for...

Related Tags: Congress Post Office