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Friday, January 4, 2013
Will House Republicans Let The Post Office Save Itself This Year?
Will House Republicans Let The Post Office Save Itself This Year?
:
The Postal Service is in such dire financial straits because,
unlike any other agency or private business
, it is required by Congress to
pre-fund 75 years worth of pension benefits
. So USPS is paying for the pensions of employees it has not even hired yet. And while Congress could easily fix the problem, House Republicans last year
couldn’t even bother
to bring the matter up for a vote
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