the post office has been losing about $20 million a day, as e- mail useage ramps up and mail volume plunges. congress has required the post office to deliver six days a week, but the postmaster general believes there is a loophole in the law that will allow him to make the change. darren gersh reports on the business fallout. >> reporter: first class mail is the postal service's most profitable product. it is also a business that is disappearing at the rate of 5% a year. >> people pay their bills online. it's simple, it's easy, it's free. you cannot beat free. >> reporter: and the postal service is tired of trying to beat free. so it plans to eliminate saturday home mail delivery beginning on august 5. the move will cost 22,000 workers their jobs and may save $2 billion a year. ut even th, will not be enough. more dramatic cuts will be needed. >> you can't support a system built for 200 or even 300 billion pieces, now we got 150 billion, which is still a boat load of mail. >> reporter: the business community is split on the end of saturday delivery. many companies worry they'll pay more to

the post office has been losing about $20 million a day, as e- mail useage ramps up and mail volume plunges. congress has required the post office to deliver six days a week, but the postmaster general believes there is a loophole in the law that will allow him to make the change. darren gersh reports on the business fallout. >> reporter: first class mail is the postal service's most profitable product. it is also a business that is disappearing at the rate of 5% a year. >> people pay their bills online. it's simple, it's easy, it's free. you cannot beat free. >> reporter: and the postal service is tired of trying to beat free. so it plans to eliminate saturday home mail delivery beginning on august 5. the move will cost 22,000 workers their jobs and may save $2 billion a year. but even that, will not be enough. more dramatic cuts will be needed. >> you can't support a system built for 200 or even 300 billion pieces, now we got 150 billion, which is still a boat load of mail. >> reporter: the business community is split on the end of saturday delivery. many companies worry they'll pay more

the post office has been losing about $20 million a day, as e- mail useage ramps up and mail volume plunges. congress has required the post office to deliver six days a week, but the postmaster general believes there is a loophole in the law that will allow him to make the change. darren gersh reports on the business fallout. >> reporter: first class mail is the postal service's most profitable product. it is also a business that is disappearing at the rate of 5% a year. >> people pay their bills online. it's simple, it's easy, it's free. you cannot beat free.

the post office has been losing about $20 million a day, as e- mail useage ramps up and mail volume plungesgress has required the post office to deliver six days a week, but the postmaster general believes there is a loophole in the law that will allow him to make the change. darren gersh reports on the business fallout. >> reporter: first class mail is the postal service's most profitable product. it is also a business that is disappearing at the rate of 5% a year. >> people pay their bills online. it's simple, it's easy, it's free. you cannot beat free