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Postal Service trimming Saturday service

February 6, 2013

WASHINGTON (AP) — The U.S....

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(8)

belres1

Feb-09-13 6:08 PM

if the postal service would train new carriers to put the mail in the right boxes would help restore faith in the system!! i have had way too many late bills due to not recieving them,i decided to do all bill pay online because it's the postal service that is destroying my credit...i worked too hard too keep my credit score high & thanks to usps it has dropped,sorry but i will not let this happen again!!

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BushCrimeFamily

Feb-09-13 3:24 PM

Why do Republicans fear facts?

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Thoughtful

Feb-09-13 2:14 PM

BCF. Please, please get a new line. Your Line is tired, old, and not relevant today. The statue of limitations is up on you blaming Bush ..............You lose credibility by writing the same Line each time.

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BushCrimeFamily

Feb-08-13 11:59 PM

The Postal Service has been around since the first draft of our Constitution – and has never, ever had any special financial requirements placed on it. Until now. See, in 2006 George W. Bush’s Republican Congress signed a bill to effectively kill the Postal Service, requiring it to pre-fund their workers’ health benefits *75 YEARS* into the future. No country, corporation or government service has EVER been required to fund the full retiree health benefits for workers that aren’t even born yet – there is literally no financial reason to do so unless you wanted to kill the Postal Service for purely ideological reasons. And that’s what’s happening now, with the Postal Service forced to cut Saturday mail entirely unless Congress chooses not to destroy it by repealing or altering the Orwellian-named Postal Accountability and Enhancement Act. There is no budget crisis. There is a Congressional crisis. And it’s time for Congress to stop destroying our Postal Service.

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promo61

Feb-07-13 10:29 PM

After generating modest profits from FY2004 through FY2006, the USPS lost $5.3 billion in FY2007, $2.8 billion in FY2008, and $3.8 billion in FY2009.27 Were it not for congressional action to reduce a statutorily required retiree health benefits payment (see below), the USPS would have lost $7.8 billion in FY2009.

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promo61

Feb-07-13 10:28 PM

On September 30, 2009, Congress provided immediate relief to the USPS’s financial duress in Section 164 of H.R. 2918, the Legislative Branch Appropriations Act [of] 2010. President Obama signed the bill into law (P.L. 111-68) the next day. Section 164 of the act reduced the USPS’s FY2009 payment to the Retiree Health Benefits Fund from $5.4 billion to $1.4 billion.

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Thoughtful

Feb-07-13 3:31 PM

BCF. Oh please !!!!!!! Mr. Obama could have changed the accounting mandate.. Please, please, please. It is getting old!!!!!

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BushCrimeFamily

Feb-07-13 5:43 AM

The Post Office is entirely self-funded, but the budget crisis was created purposely in 2006 by Postal Accountability and Enhancement Act (PAEA), which mandated the funding of 75 years of pension obligations within 10 years.

Before the law passed, the USPS was not in any debt. About 70 percent of its losses can be traced directly to PAEA, as the postal service works continually to deliver new gains in productivity.

The point of the law was to drive the Post Office out of business and force letter delivery to become privatized.

The Republicans are simply trying to destroy the Post Office and its union. This has nothing to do with incompetence. It is pure malice.

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