3 ms·
It's actually a requirement to fund 75 years of retirement costs in 10 years ($75 billion). And it was passed with broad bipartisan support. I wish people woul
by muststopmyths 6y ago
It's actually a requirement to fund 75 years of retirement costs in 10 years ($75 billion).
And it was passed with broad bipartisan support. I wish people would stop repeating the canard about "conservative extremists" with respect to this law.
[0] https://www.washingtonpost.com/business/2020/04/15/postal-service-bailout-congress/ https://www.washingtonpost.com/business/2020/04/15/postal-se...
- karpierz 6y ago> But the 2006 law also shifted the burden of paying for worker and retiree benefits entirely to the Postal Service. That came at the insistence of the Bush administration, Davis said. Davis being the congressman who introduced the bill.
- rtkwe 6y agoThere's a lot of stuff in the PAEA bill that put that obligation on the USPS, just because the whole bill passed with support from both parties doesn't mean that the particular prepaid debt obligation isn't the work of "conservative extremists" the history of particular provisions is important. A lot of otherwise objectionable provisions get included at the threat of a filibuster from ideological groups.