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Old 04-27-2022, 03:02 PM
retiredguy123 retiredguy123 is offline
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Originally Posted by Keefelane66 View Post
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.
That funding requirement is being repealed, and the Post Office is getting a relief package of $50 billion. But, they are still deeply in debt and getting deeper. See link.

Congress passes $50 bln U.S. Postal Service relief bill | Reuters

But, none of that has anything to do with the "operating expense" deception. The Post Office promotes an untruth that they are not a burden on the taxpayer. They want people to ignore the enormous cost of retiree pensions and health care, which they don't want to count in their operating expenses. But, that is why every GAO audit reports that the Post Office loses money.