The Postal Accountability and Enhancement Act (PAEA), of 2006, is the problem. If the borrowing the USPS has had to to do to meet the ridiculous requirements of the law (pre-fund 75 years worth of healthcare benefits for future retirees within a 10-year period while prohibiting the USPS from raising postage rates to pay for the pre-funding - costs 5.5 billion a year) is subtracted from the overhead - the Postal Service has actually been turning a profit, for a few years, now. No other government agency or private business has ever required this sort of prefunding over so short a period of time. The prefunding provision accounts for 80% of the Postal Service losses.
Certain members of Congress, who were the most adamant about killing the Postal Service, are also the first in line to request changes to the names of Post Offices when their constituents beg (pay).
No mail on Saturday - look to machinations in Congress.
Certain members of Congress, who were the most adamant about killing the Postal Service, are also the first in line to request changes to the names of Post Offices when their constituents beg (pay).
No mail on Saturday - look to machinations in Congress.