Postal Cuts Are Austerity on Steroids | Common Dreams
"Ryan and his fellow proponents of austerity manufactured the current crisis in USPS funding, when they enacted the Postal Accountability and Enhancement Act of 2006 (PAEA). The PAEA forced the Postal Service to prefund its future healthcare benefit payments to retirees for the next seventy-five years. That’s something no major corporation could or would do, as it required the service to divert more than $5 billion annually to pre-pay the health benefits of retirees who have not yet been hired."
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