At some point you can not kick the can down the road. Although the USPS is a government arm is it time to give it up? 125 Billion in unfunded liability and 15 billion in outsanding debt. So, if congress can not manage a Post office how can they fix it? Privatize the USPS? At this point I say yes. APWA is killing the host. Link: https://www.google.com/url?sa=t&rct...es/97944594/&usg=AOvVaw2hwvewVJ8rmggCkr2f7GbI
No. But this nonsense needs fixed: forced the postal service to pay a staggering $5.4 billion to $5.8 billion annually to the health fund.
USPS is an independent agency of the US government. Talk to any postal inspector and they will give you a line about the fact that they are self supporting. that of course is not true. "Since the early 1980s, many of the direct tax subsidies to the Post Office (with the exception of subsidies for costs associated with the disabled and overseas voters) have been reduced or eliminated in favor of indirect subsidies, in addition to the advantages associated with a government-enforced monopoly on the delivery of first-class mail.[4] Since the 2006 all-time peak mail volume,[5] after which Congress passed the Postal Accountability and Enhancement Act[6] (which mandated $5.5 billion per year to be paid into an account to fully prefund employee retirement health benefits, a requirement exceeding that of other government and private organizations),[7] revenue dropped sharply due to recession-influenced[8] declining mail volume,[9] prompting the postal service to look to other sources of revenue while cutting costs to reduce its budget deficit.[10] The USPS lost $5.5 billion in fiscal year 2014 [11] and $5.1 billion in 2015,[12] and its revenue was $67.8 billion in 2014[11] and $68.9 billion in 2015.[12]" Postal employees are about as independent as ANY Federal Government agency. It's their pensions that are breaking the bank. https://en.wikipedia.org/wiki/United_States_Postal_Service
