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Originally Posted by djplong
Bill, there are two problems with your premise.
1) The government does not 'run' the USPS. The USPS is a private corporation that operates under government oversight. No tax dollars had subsidized the USPS since the 1970s when the break was made.
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I disagree with this above.
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The Role of Congress
Of related significance is the Postal Accountability and Enhancement Act of 2006 (PAEA), which obligates the USPS to prefund 75-years worth of future health care benefit payments to retirees within a ten-year time span — a requirement to which no other government organization is subject.
Thus, in addition to the weak economy and the diversion of mail to electronic means, the mandates of PAEA have had a considerable impact on Postal Service finances. As a consequence, it has been charged that the US Postal Service budget crisis of 2011 is, in essence, an artificial one.[28][33][34][35]
Congress also has the ability to affect the USPS budget by changing rates for postage.[36]
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