[vette6387]

“And what is your problem? The USPS is supported by postage. It does not receive a government subsidy. In fact, the financial problem is because USPS has been subsidizing the US government.

And, pray tell, just how has it been doing that?

[muawiyah]

How? It's been public news for quite some time. For most of the last 15 years the Office of Personnel Management has been COLLECTING retirement deposits from USPS using a formula that OVERCOLLECTS what is due. The total to date is over $78 billion. In addition, over the last 5 or 6 years the OPM collected $5 billion a year more ostensibly to cover FUTURE retiree medical insurance.

This adds up to more than $100,000,000,000 (100 billion). Your boy Geithner turned around recently during the debate over the national debt and BORROWED ALL OF IT to pay non-postal federal expenses.

So, they stole it, and then they stole it again.

There is no subsidy TO the USPS. There is a subsidy FROM the USPS TO the federal government, and to you. It pays your income tax refunds, your Medicaid, your EITC, your food stamps, etc.