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thenewgreen  ·  4119 days ago  ·  link  ·    ·  parent  ·  post: Postal Experiments

Interesting. It appears that it was a GOP house at the time too

    USPS will default at midnight because it cannot pay $5.5 billion to retiree health benefits. Back in 2006, the Republican-dominated Congress passed the Postal Accountability and Enhancement Act, which mandated the USPS to “prefund all of its retirees’ health benefits” for the next 75 years. Naturally, they couldn’t afford to meet the requirement, and now find themselves in default six years later.