Quote:
Originally Posted by mostpost
In 2006, the Republican Congress passed the Postal Accountability and Enhancement Act, a blatant attempt to destroy USPS and replace it with a for profit postal system. The PAEA required USPS to pay up to $5.8B a year to fund future employee health benefits. I mean way future-like 75 years.
Were it not for those payments, USPS would have shown a surplus in 11 of the last 13 years.
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So you mean they asked the USPS to ensure the money required to deliver on promised healthcare benefits would actually be there in the future when needed?
What criminals.
Sounds like they were trying to avoid a crisis that many cities and states face on their pension and healthcare benefits in the future (not to mention medicare, medicaid, and SS).