If the U.S. Postal Service, which is hemorrhaging money, has its way, the agency will cut service to five days per week by eliminating Saturday service as a cost-saving measure, CNNMoney.com reported. According to a June Gallup poll, 52 percent of Americans supported eliminating Saturday deliveries. A $3.8 billion loss incurred during its 2009 fiscal year is the primary reason for the Postal Service’s push to cut Saturday deliveries. As of Sept. 30, 2009, the agency had reached $10 billion in debt, and expects to reach its $15 billion debt limit during 2011. Mail volume as a whole was down 12.7 percent for the year, a trend the Postal Service expects to continue as a result of consumers deciding to pay bills online rather than through traditional mail. One of the main limiting factors for the agency is that the Postal Reorganization Act of 1970 placed restraints upon the Postal Service by preventing it from expanding services or closing small branches because of economic factors. Only if Congress lends a hand and changes that measure would the Postal Service be able to expand. The organization is not funded by tax money. According to CNNMoney.com, the Postal Service plans to announce its proposed new business model today, with consideration of a price hike a possibility. Congress will then review the plan.