The Obama administration said on Tuesday that it would seek to save the deficit-plagued Postal Service from an embarrassing default by proposing to give it an extra three months to make a $5.5 billion payment due on Sept. 30 to finance retirees’ future health coverage.
The postal service would be making a profit if it weren’t for the retirees benefits.
Three months won’t help a thing. It just prolongs their suffering.
Perhaps Zero needs to call Scott Walker for advice.
Any way we can make it independent enough to send it through bankruptcy?