Elizabeth Warren: Let’s Have Bankrupt Post Office Lend Billions to People With Bad Credit


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Why not turn an organization that can’t figure out how to make money into a bank?

Should We Keep Trying to Save the United States Postal Service?


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The biggest obstacle to postal reform, by far, is the problem of funding Congressionally mandated pre-retiree health benefits. Since 2006, the Post Office has been legally required to pre-fund health benefits for future retirees at a cost of around $5.5 billion a year. For the first time last year, it defaulted on its annual payment.