By Terry Freiden, CNN Justice Producer
Washington (CNN) — The Justice Department late Tuesday formally filed its case against Lance Armstrong and his company Tailwind Sports for millions of dollars that the U.S. Postal Service spent to sponsor the cycling team.
“The USPS paid approximately $40 million to sponsor the USPS cycling team from 1998 to 2004,” the court document says.
The government said it was intervening to recover triple the amount of the sponsorship funds under the False Claims Act, which could bring a total of more than $100 million in damages.
Continue reading ““Lance Armstrong sued by U.S. for post office sponsorship funds””
CQ ROLL CALL
SATURDAY WILL SORT OF BE LIKE SUNDAY: Letters, magazines and bills won’t be delivered on Saturdays anymore starting in August, the Postal Service announced today. The symbolically resonant cutback will save about $2 billion annually in labor and fuel costs — a stark reminder of the service’s abysmal financial condition. The move also will infuriate not only millions of people (those who don’t use email or the Internet and still rely on the mail as one of their main connections to the outside world) but also Congress — which deadlocked on a Postal Service overhaul last year but has nonetheless made clear that it’s not ready to see Saturday mail delivery curtailed.
Postmaster General Patrick Donahoe says surveys done in advance of the announcement found nearly seven in 10 Americans support the switch in the name of cost savings — an assertion that would make it unlikely for lawmakers, especially in the current cash-strapped budgetary environment, to order the USPS to reverse itself. Darrell Issa and Tom Coburn, the top Republicans on the House and Senate committees with jurisdiction over USPS, immediately issued a joint endorsement of the Saturday delivery cutbacks. And Democrat Tom Carper — who wrote the postal overhaul the Senate passed last year, which would have assured Saturday delivery for two more years — said he would not stand in the postmaster general’s way of doing “what he believes he can and must do to keep the lights on at the Postal Service, which may be only months away from insolvency.”
The Postal Service lost $15.9 billion in the last fiscal year — triple the loss in 2011, thanks largely to ballooning retiree benefit expenses and the surge in online communication — and even more red ink is forecast for this year. It has defaulted on two recent multibillion-dollar payments to the fund that pays former workers’ medical bills. And that is even after cutting its overhead a combined $15 billion in the past six years mainly by cutting its career workforce 28 percent and getting rid of 200 mail processing locations. Although envelopes will only come to homes and businesses on weekdays, packages will still be delivered six days a week under the plan, because such deliveries are still bringing in plenty of revenue (the volume is up 14 percent since 2010), officials say, while the delivery of letters and other mail has declined with the increasing use of email and other Internet services. Post offices now open on Saturdays would remain open on Saturdays, and people with boxes could still retrieve regular mail there on the weekend.
Continue reading “Adios, Saturday mail delivery – August 5, 2013”
CBS NEWS -OWN
CHICAGO: He did it. He finally admitted it. Lance Armstrong doped.
He was light on the details and didn’t name names. He mused that he might not have been caught if not for his comeback in 2009. And he was certain his “fate was sealed” when longtime friend, training partner and trusted lieutenant George Hincapie, who was along for the ride on all seven of Armstrong’s Tour de France wins from 1999-2005, was forced to give him up to anti-doping authorities.
But right from the start and more than two dozen times during the first of a two-part interview Thursday night with Oprah Winfrey on her OWN network, the disgraced former cycling champion acknowledged what he had lied about repeatedly for years, and what had been one of the worst-kept secrets for the better part of a week: He was the ringleader of an elaborate doping scheme on a U.S. Postal Service team that swept him to the top of the podium at the Tour de France time after time. FULL ARTICLE
Continue reading ““Armstrong admits doping: “I’m a flawed character”Disgraced former cycling champion comes clean to Oprah Winfrey about using performance-enhancing drugs to win””