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Old 04-27-2022, 11:53 AM
retiredguy123 retiredguy123 is offline
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Quote:
Originally Posted by Keefelane66 View Post
The Postal Service generally receives no tax dollars for operating expenses and relies on the sale of postage, products and services to fund its operations.Mar 17, 2022
Not true. The Post Office owes billions of dollars to the Treasury. You mentioned operating expenses, but that is only part of the cost to the taxpayers for the Post Office. For example, it doesn't include the cost for pensions and health benefits that retired postal workers receive. A postal worker who retires at age 55, will receive a generous pension and health care benefits for 30 years or longer, while performing no work at all. The Post Office does not consider this cost as part of their "operating expenses", but it is an enormous cost to the taxpayers. That is why they continue to need to borrow more money from the Treasury.