Late last year the U.S. Post Office hit its $15 billion dollar debt limit. Meanwhile the Government reported the inflation rate for 2012 at 1.7%, and only 0.7% if they don’t include food and gasoline. Unlike a private company, over… Read More ›
post office debt
U.S. Post Office Requires $238 Billion Taxpayer Bailout – Postal Worker Labor Union Will Not Permit Saturday Cutback – You Must Pay More Instead
The U.S. Post Service just announced they can no longer afford to pay into their employee pension plans because they are out of money. They are currently running a $238 billion deficit over the next decade, with an $8.5 billion… Read More ›