Quote Originally Posted by Hoser View Post
You do realize that the US Postal Service does not operate off your tax dollars?

It might be a govt agency, but it is an independent agency.
Not entirely correct. USPS does receive around $100 million per year in appropriations from Congress. Also, who do you think covers USPS's annual losses? The US Treasury does through the Federal Financing Bank...or in other words, the US Citizen. At least until USPS pays back the borrowed money.

USPS annual debt is in large part due to the fact that they must pay $5.6 per year in pensions. This obviously was contributing to their debt so Congress passed a bill in 2010 to temporarily reduce their annual pension contribution to $1 billion. The unfunded obligation for future pentions...$51.9 billion.

Health insurance and life insurance are also huge costs for the USPS. Its employees currently pay only 17% of health insurance costs and 0% into life. Obama proposed that this be changed in his initial FY2010 budget but it was dropped because many worried it would violate collective bargaining...sound familiar to anyone??????? Hint: WI.

Off topic but these damn entitlements have got to stop. It's about f'ing time government employees started funding their own insurance and retirements... These people are getting cheap ass retirement and insurance while their employer is losing so much money it must borrow from the American citizen...sound a bit like the bailouts?

Do some of you guys work for USPS or something? Everytime we bitch about USPS some of you mount a defense...