I hope they aint to big to fail
there are laws which require the use of mail. ie first class mail, or certified mail.
PARP ...
Postal Asset Relief Program!
Ned 2.2B, ah heck we’ll give you triple that.
/sarc
Bankruptcy and failure sounds better.
Me thinks they are well past the point of failing...
Donahoe cited a federal regulation instituted in 2007 that “...required the Postal Service to pre-fund retiree health benefits (RHB) in amounts of approximately $5.5 billion per year.” There is no other entity in the federal bureaucracy that must abide by similar rules. There is a direct correlation, said Donahoe between the Postal Services’ budget woes and the institution of the rule on RHB.