The USPS lost $8.5 billion in 2010.  It lost $3.8 billion in 2009.  So far this year the USPS has lost $2.2 billion.  The result; the United States Postal Service will make public a list of post offices that could be closed this year, as many as 3,653.

The United States Postal Service does not make money off taxpayers, they are solely funded by the postage they charge.  The problem is that Congress controls the postage they are allowed to charge, and so far Congress has refused to allow postal rates to reflect the actual operating cost of the USPS.

On top of that, Congress overcharged the USPS $75 billion for the Federal Employees Retirement System plan.  The Postmaster General asked for that money to be returned, but Congress refused (you think they already spent it?).

As a result of incompetence (or is it on purpose?) by our elected officials in Congress,  thousands more USPS employees will lose their jobs.