The Government Accountability Office (GAO) has found that the U.S. Postal Service (USPS) is in urgent need of restructuring and is moving too slowly to cut costs. The GAO also added the USPS to its high-risk list of federal areas in need of transformation.

The Postal Service's problems may continue to worsen even after the recession ends. Both consumer and business customers are using traditional mail less in favor of e-mail and other means of communication.

Among the USPS's woes:

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