Earlier today Darrell Issa claimed that an APWU commercial that reminds Americans that the US Postal Service does not receive taxpayer funds. Issa said that the ad was misleading because of tax exemptions the USPS enjoys, and cited an FTC report that put a dollar figure on the value of those exemptions. As we’ve pointed out, equating tax exemptions and credits with “taxpayer support” would mean that oil companies are also “taxpayer supported”, along with churches, farmers, and anyone else that gets to deduct anything from their tax liability.
Now it turns out that Issa cherry picked numbers from the FTC report to make his rather weak case, ignoring additional costs that the USPS is burdened with. The story debunking Issa’s claims comes from a surprising source- none other than Fox News, normally an organization that can be relied on to faithfully parrot the Republican Party line:
Indeed, the FTC report estimated that federally imposed restraints on the Postal Service — as of fiscal 2006 — cost between $330 million and $782 million annually, while the special benefits were worth between $39 million and $117 million.
And of course, those “federally imposed restraints” don’t include the $5.5 billion “trust fund” payments the USPS has had to loan back to the Treasury every year since 2006.