According to Federal Times, our representatives in Washington have come to yet another hard fought compromise on the USPS- they’ve agreed to wait another month before doing anything. The paper says a deal has been struck to allow the federal government (including the USPS) to exist for another couple of weeks while they figure out how they can make the most of the crisis they have created. That’s their job now, apparently.
The agreement would:
Defer a legally required $5.5 billion “prepayment” by the U.S. Postal Service for retiree health care, this time until Dec. 16. That payment was originally due Sept. 30; USPS officials say they don’t have the money to cover it.
So, in a nutshell, Congress has decided to defer for a few days the unique obligation that Congress placed on the USPS, knowing that the USPS has no way of satisfying that obligation, solely because of restrictions Congress has placed on the USPS.
Democracy in action!