Three-Day-a-Week Mail Delivery Forecasted by Postmaster General

In a front-page USA Today article by Carly Mallenbaum, Postmaster General Patrick Donahoe forecasted, "Falling mail volume and soaring red ink may soon doom Saturday mail delivery and prompt three-day-a-week delivery within 15 years."

He also projects a rise in the 1st class mail rate to 45-cents within three years.

Donahoe's forecast is based on a projected $8.3 billion loss this year as the drift from paper to electronic communication hammers the Postal Service.

Shown above, Postmaster General Patrick Donahoe.

Click here to read the entire article and watch a video interview with Postmaster General Donahue.