USPS announced they will default on the upcoming Federal Employees Retirement System payment (this after Congress essentially stole $75 billion from the Postal Service, supposedly to pay the FERS last year!).

Also, postal officials are now begging the U.S. Congress to approve the ending of Saturday delivery.  USPS officials also want to use retirement money to run daily operations.

Officials also say they will unveil a plan on September 15,  which could save up to $3 billion per year.

The United States Postal Service does not make money off taxpayers, they are solely funded by the postage they charge (prices are controlled by Congress, not the USPS), and other products they sell.  The cuts being made to the USPS will have no affect on U.S. government debt.