postmaster general patrick donahoe told a house committee, the postal service is operating with a broken business model and losing $25 million daily. unless congress changes laws, donahoe predicts the situation will become worse. he suggests cutting saturday delivery and tighter controls on healthcare and pensions. more americans are warming up to the idea of renting. allstate insurance reports the demographics for renters are changing: the median age of renters is 40 years old. roughly 60% of renters are over the age of 35. "we're seeing people move in to the renters market by choice. they like the flexibility that comes with renting, and they have some concerns about investing their money in a depreciating asset - that being a home - without any knowledge of whether or not we've hit a bottom in terms of real estate pricing." that was don bailey of allstate insurance. meanwhile, millenials are moving in to the role of home ownership. a growing trend also reveals many younger couples are buying homes before marriage. doll demand gave a lift to mattel's first quarter earnings. sales of am

postmaster general patrick donahoe gives his financial assessment of the postal service. and remarks by the finance ministers of germany and japan. >> also today, mike lee of utah talks about his party's future and the strategies of winning republican support for the conservative agenda. he'll be speaking at the heritage foundation here in washington. you can see his remarks live at noon eastern -s2. >> secretary of state john kerry says anywhere that human rights are under threat the united states will stand up and promote freedom, openness and opportunity for all people. he made these comments during the release of the state department's annual report on human rights. secretary kerry is joined by the acting assistant secretary of state for democracy, human rights and labor. this is about 25 minutes. >>good afternoon, everybody. some people asked whether or not we might postpone this today because of all that is going on, but we thought that on the contrary that it's part of human have the right to run in a marathon without violence, and people have a right to enjoy a ho

on april 19th, patrick donahoe, postmaster general, usps, will discuss challenges meeting the evolving demands of the nation's postal system. on may 7th, chris evert, tennis legend and publisher, "tennis" magazine. and on june 3rd we will host the annual presentation of the gerald r. ford journalism awards. second, i would, with great feeling -- [laughter] in view of how you've covered your topic and you have generated so many questions, wow. i mean, i ity -- i don't know if we keep track of a record -- i'd like to present you with the traditional npc mug. [applause] the script i have says how about a round of applause for your speaker, but i think you did it spontaneously. that's better than me asking. [laughter] for the last question, sir, you know, we began the luncheon today with a reference to the tragedy at the boston marathon, and i'd like to conclude with going outside of your current field, but going to your former field as nearly four decades as a law enforcement officer. wearing that hat without having all the knowledge or facts, what is your outlook for the agencies finding

two's " postmaster general patrick donahoe on the budget of the u.s. postal service and keeping saturday delivery. he estimates that, if analyst is nothing postal reform, it could cost taxpayers up to $58 billion through 2017. from the national press crop, is just over 50 minutes. [applause] >> thank you, angela, for that kind introduction. it's a pleasure to be here today and to speak with everyone. we will make sure that we have time for our questions. i would also like to thank the national press club for the invitation and organizing today's events. the last time i spoke there was 18 months ago. and i gave a speech that made the following points. the postal service is a tremendous organization and its in a financial crisis. number two, congress needs to reform our business model and give us more flexibly to solve our financial issues. >> number three, a lack of quick action by congress will doom the postal service and force it to become a burden on the american taxpayer. was thoroughly tempted to give the exact same speech again. but i thought, hav

we have the director of the office of national drug control policy, and unable 19 we will have patrick donahoe, the postmaster general of the u.s. who will discuss the challenges of meeting the involving demands of the nation's postal service. second, as i noted earlier, this is the eighth time that mr. burns has come here to speak at the national press club. each time -- spent i overstayed my welcome. [laughter] >> we can schedule the night whenever you're ready. each time we have an inherent we are reminded that only that he iis about standing for michelob does reveal much about our world completed also an outstanding speaker. when the press club began in 1908, the spoken word was a noble art form. now we have evolved to the five-second soundbite and we would like all of those things, but fewer and fewer people are now as gifted in the use of this podium and this microphone as is mr. burns. when he visits he not only delivers an epic speech each time, but in doing so he reminds us of the great speakers who have come before him, such as our first speaker, franklin roosevelt, the artists such

on april 19th patrick donahoe, postmaster general, usps, will discuss challenges meeting the evolving demands of the nation's postal system. on may 7th, chris evert, tennis legend and publisher "tennis" magazine. and on june 3rd we will host the annual presentation of the gerald r. ford journalism awards. second, i would, with great feeling -- [laughter] in view of how you've covered your topic and you've generated so many questions, wow, i mean, i think -- i don't know if we keep track of a record and for handling them so well. i'd like to present you with the traditional npc mug. [applause] the script i have says how about a round of applause for our speaker, but i think that you did it spontaneously. that's better than me asking. of. [laughter] for the last question, sir, you know, we began the luncheon today with a reference to the tragedy at the boston marathon. and i'd like to conclude with goinoutside of your current field but going to your former field as nearly four decades as a law enforcement officer. wearing that hat without having all the knowledge or facts, what is your

on april 19th, patrick donahoe, the postmaster general of the u.s., and on may 7th we have chris evert, tennis legend and publisher of "tennis" magazine. second, i would like to present our guest with the traditional coffee mug, also suitable for eating skeer. [laughter] [applause] and one last question. back in the 1970s before you were president, you were a journalist like many of us here in this room. you hosted a very successful television show. what was the secret of your success, and what advice do you have to today's news professionals? [laughter] >> i was very young when i was -- [laughter] television reporting and had a discussion program on television. i was sufficiently young and sufficiently arrogant to ask questions nobody wanted to answer. [laughter] so i am not sure whether i would like today to have that kind of debate. but on a serious note, i think you need to stick to the issues, and you have to respect the people, the ordinary people and their interest in the real issues. i've often been asked what have you learned from your long public career, and my simple answer

please join me in giving a warm press club welcome to postmaster general, patrick donahoe. [applause] >> thank you, ang los angeles for that kind introduction. it's a pleasure to be here today and speak with everyone, and we'll make sure that we've got time for our questions. i'd also like to thank the national press club for the invitation, and organizing today's event. the last tomorrow i spoke here was 18 months ago, and i gave a speech that made the following points. number one, the postal service is a tremendous organization, and it's in a financial crisis. number two. congress needs to reform our business model and give us more flexibility to solve our financial issues. number three. the lack of quick action by congress will doom the postal service from and force it to become a burden on the american taxpayer. and i was thoroughly tempted to give the same exactech again, but i thought, have i become thatit being frustrated y the lack of progress on social reform legislation over the past few years and i will tellou i'm not cynical about it and not so cynical i would d