U.S. Postal Service says it plans to end Saturday mail service

Postmaster General and CEO Patrick R. Donahoe speaks during a news conference at U.S. Postal Service headquarters on Wednesday Feb. 6, 2013 in Washington.
Postmaster General and CEO Patrick R. Donahoe speaks during a news conference at U.S. Postal Service headquarters on Wednesday Feb. 6, 2013 in Washington.

— The U.S. Postal Service plans to end Saturday mail deliveries beginning as soon as August to cut financial losses, according to a spokesman for the service.

The service, which lost $15.9 billion last year, would need congressional approval to end the Saturday deliveries.

The service would continue six-day deliveries of packages, the official said.

By ending the Saturday delivery of letters, the service would reduce costs by as much as $2 billion a year.

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