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The USPS started operating at a loss because Republican lawmakers passed the Postal Accountability and Enhancement Act, signed into law by George W Bush, requir
by lukewrites 11y ago
The USPS started operating at a loss because Republican lawmakers passed the Postal Accountability and Enhancement Act, signed into law by George W Bush, requiring the USPS to prefund retirement benefits.
http://about.usps.com/who-we-are/financials/annual-reports/fy2010/ar2010_4_002.htm http://about.usps.com/who-we-are/financials/annual-reports/f...
http://www.bloomberg.com/news/articles/2012-08-02/understanding-the-post-office-s-benefits-mess http://www.bloomberg.com/news/articles/2012-08-02/understand...