Katie Pavlich
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In just three short months, the Post Office has lost a whopping $2.2 billion dollars, setting the pace for the government entity failure to post a $8.8 billion loss by the end of the year. In 2010, the operation posted a $8.5 billion loss. I see a pattern here....

Meanwhile, taxpayers are still stuck with paying for postal worker pension plans and benefits.

If there is a light at the end of the tunnel for USPS, it’s an oncoming train, as it projects that by September it will run out of cash and default on a payment owed to the U.S. Treasury for retiree benefits.

USPS lacks the ability to make the changes that are needed. It is, for instance, prohibited by law from closing individual post offices simply because they are losing money. Congress is also keeping USPS from dropping Saturday delivery, although that step would save close to $2 billion a year.

So, the question is: Do we really need the Post Office? 

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Katie Pavlich

Katie Pavlich is the News Editor at Townhall.com. Follow her on Twitter @katiepavlich. She is also the author of Fast and Furious: Barack Obama's Bloodiest Scandal and the Shameless Cover-Up.

“ABSOLUTELY DEVASTATING! Intrepid investigative journalist Katie Pavlich rips the lid off Team Obama’s murderous corruption and anti-Second Amendment zealotry" says Michelle Malkin.

"Katie Pavlich draws back the curtain on a radical administration that put Mexican and American lives at risk for no discernible reason other than to advance an ideological agenda." - David Limbaugh

Buy Katie's book today and help us keep the pressure on Obama and his attorney general Eric Holder and expose the cover-up.

Author Photo credit: Jensen Sutta Photography