From CNN's Carol Costello:
The U.S. Postal Service, historically a dependable service for Americans, is in trouble.
Facing a $9 billion dollar deficit, the Postal Service says that it does not have the money to meet an obligation to a $5.5 billion dollar retiree health care trust fund coming due at the end of the month and is in danger of defaulting.
The Postal Service also faces competition from Fed-Ex, UPS and digital technology. The Post office delivered 171 billion pieces of mail in 2010, down twenty percent from 2006.
Talk Back: Is the Postal Service obsolete?
Let us know what you think. Your response may be read on this morning's broadcast.