Headline Roundup • August 2nd, 2012
Postal Service
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Fox News Digital
Add the Postal Service to the list of problems Congress is so far unable to fix.
America's mail service endured its first-ever default overnight, failing to submit a required $5.5 billion payment for future retirees' health benefits by Thursday.
The unprecedented lapse prompted new questions about the fate of the Postal Service as its financial situation spirals ever out of control, and Capitol Hill lawmakers have started a new round of fingerpointing after deadlocking over how to break the slide.
"Congress must act quickly in order to prevent the loss...

CNN Digital
The U.S. Postal Service defaults on a $5.5 billion dollar payment to the retiree fund. CNN's Athena Jones reports.
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