Delivery Pains at the Post Office 2008 Bush admin.
The Postal Service—a self-sustaining organization that receives no financial support from the government—is mounting an effort to get itself back into the black. But Corbett argues that he is hampered by an uneven playing field because the Postal Service is burdened with requirements not imposed on other government agencies or private companies.
For example, a major component of the turnaround plan is the Postal Service’s attempt to win some leeway on the big payments it’s required to make each year for retiree healthcare. This year it is due to pay $7.5 billion for retiree healthcare, $5.5 billion of which goes to a trust to fund future benefits. No other government organization is required to pre-fund retiree healthcare, Corbett notes, and only about a third of corporations do any pre-funding.
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