The U.S. Postal Service is reportedly losing $25 million dollars per day according to Postmaster General Patrick Donahoe this week.

During a congressional hearing, Donahoe stated that the USPS is "currently operating with a broken business model" to the House Oversight and Government Reform Committee.

"The Postal Service is currently operating with a broken business model," Donahoe said, according to The Washington Post. "We are losing $25 million every day and we are on an unsustainable path."

The Postal Service lost approximately $16 billion in 2012, which was over seven times its fiscal deficit in 2009.

Donahoe was originally going to discuss his proposal on cutting Saturday mail delivers to save money, but that plan has been met with negativity overall according to the International Business Times.

"Since the economic recession of 2008, we have been experiencing a significant imbalance between revenues and costs. This imbalance will only get worse in the coming decade unless laws that govern the postal service are changed," Donahoe said in a video posted by Fox News.

In the summer of 2012, approximately 7,000 delegates with the NALC voted on a "motion of no confidence" in the job Donahoe is doing according to The Washington Post.

In 2012, The USPS reported an yearly loss of a record $15.9 billion and predicted they would lost more in 2013 if something wasn't done. The change will also mean a combination of employee reassignment and reduction.

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