Regulations driving the USPS out of existence07:18
The United States Postal Service doesn't cost you a dime of tax-payer money, but Republicans are regulating it in a way no other agency or business has ever been regulated. The USPS doesn't add to the debt, but it's required to fund a retirement account that covers workers who haven't even been hired yet. At this point, the Postal Service could be out of business by 2014. Ed Schultz explains what's at stake and why Republicans are going after an American institution. He's joined by Rep. Gerald Connolly, D-Va.