The Right Wing's Assault on the Post Office — Smashing the Myth That It's in Financial Trouble @alternet
"The truth is that almost all of the postal service's losses can be traced back to a single change in the law made by the Republican Congress in 2006.
That year, the Congress passed the Postal Accountability and Enhancement Act of 2006 (PAEA). Under the terms of PAEA, the USPS was forced to “prefund its future health care benefit payments to retirees for the next 75 years in an astonishing ten-year time span” – meaning that it had to put aside billions of dollars to pay for the health benefits of employees it hasn't even hired yet, something that “no other government or private corporation is required to do"."
