USPS Pre-Funding Necessary to Prevent Bailout
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.
Are you a newspaper subscriber but you don't have a Digital Access account yet? Activate your account.
You will need your subscription account number and phone number. Not sure if you have an account? Call 218-855-5897 and we can help you.