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Originally Posted by retiredguy123
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.
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During the Bush2 administration Congress controls what and how the Post Office operates. A law was made for the Post Office to fund medical and pension obligation 75 years in the future this requires the Post Office to deposit between 5-6 billion dollars annually.