... Now, the post currently has $160.9 billion in debt, of which $119.3 billion is the result of pre-funding retiree benefits. That was by design. As Pascrell wrote, "To argue that the Postal Service needs to be privatized, conservatives need to show that it is dysfunctional, and there's no better way to do that than by weighing the agency down with impossible financial obligations."...
https://www.rawstory.com/2020/08/how-susan-collins-engineered-the-postal-service-disaster-shes-now-protesting/
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