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Postal Service asks Congress to allow 120,000 layoffs, overhaul benefits
Postal Service urges Congress to allow layoffs, cut benefits - Aug. 11, 2011
NEW YORK (CNNMoney) -- Hundreds of thousands of postal workers could soon lose their jobs, or face drastic changes to their benefits.
According to documents obtained by CNNMoney, the United States Postal Service is appealing to Congress to remove collective bargaining restrictions in order to lay off 120,000 workers. It also wants congressional approval to replace existing government health care and retirement plans.
Postal Service urges Congress to allow layoffs, cut benefits - Aug. 11, 2011