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USPS Pre-Funding Necessary to Prevent Bailout

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Those opposed to the 2006 legislative requirement that the USPS pre-fund its retiree health benefits appear to be in deep denial regarding the current financial status of the USPS. Far from being profitable in the absence of the pre-funding mandate, the most recent Government Accounting Office (GAO) report states that the USPS is expected to lose $14 billion in fiscal year 2012.

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Denton (Denny) Newman Jr.
I've worked at the Brainerd Dispatch with various duties since Dec. 7, 1983. Starting off as an Ad Designer and currently Director of Audience Development. The Dispatch has been an interesting and challenging place to work. I'm fortunate to have made many friends, both co-workers and customers.
(218) 855-5889
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