Thomson ReutersJanuary 4, 2013 13:56
* Postal Service says it loses $25 million each day
* Outcome for legislation uncertain in new Congress
By Elvina Nawaguna
WASHINGTON, Jan 4 (Reuters) - The U.S. Congress that expired this week might have steered the nation away from the "fiscal cliff" of potentially devastating tax hikes and spending cuts, but it did not do much to save the U.S. Postal Service from its own fast-approaching cliff.
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