Summary
Rep. Darryl Issa's Sept. 20 Commentary column, "Time for another government bailout," includes many inaccuracies about the U.S. Postal Service. It appears to be nothing but a political attack on government workers and labor unions.
The Postal Service does not need a bailout and has not requested one. Two independent auditors concluded that the Postal Service has overfunded its retirement fund by $50 billion to $75 billion. If the USPS were permitted to apply overpayments to future liabilities, the agency's financial crisis would be resolved.See the full content of this document
Extract
Don't Politicize the Postal Service
Mail volume reached its peak in 2006, long after the advent of the In...
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