02/13/2006
https://transcripts.cnn.com...
"The Postal Service tells us they need to go from 6-day to 5-day delivery in order to save what they think is about $3 billion a year."
"I can see opposition, some in the Senate and certainly a significant amount in the House, on the theory that somehow that is a bailout."
"By next summer, if nothing else is done to help the Postal Service, you effectively have to stop delivering the mail."
"There is a clock ticking. You are going to default on $5.5 billion the Postal Service owes to the retiree health benefit fund."