2006 Congressional requirement that the USPS fund its employee pensions 75 years into the future within a 10 year time frame is bankrupting our US Postal Service. Rescind the 2006 law and let the USPS operate in fair market conditions.
Why is this important?
The 2006 lame duck Congress passed a bill requiring that the USPS fund its employee pensions 75 years into the future within a 10 year time frame. This government overreach into the free market of postal service is bankrupting our US Postal Service. USPS is suspending Saturday mail delivery because of this undue financial burden and in time will go bankrupt altogether. Congress should rescind the 2006 law and let the USPS operate in free market conditions.
