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Politics : Mainstream Politics and Economics
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To: TimF who wrote (14544)4/4/2012 12:26:21 PM
From: Broken_Clock1 Recommendation  Read Replies (1) of 85487
 
"The ad is also largely correct that a 2006 law, the Postal Accountability and Enhancement Act, requires the post office to make payments "into federal accounts." What the ad doesn't mention is the payments are meant to fund health benefits for future Postal Service retirees. The law requires that the Postal Service pay about $5 billion a year toward future health benefits for 10 years, until 2017. A 2009 report from the nonpartisan Congressional Research Service determined that the payments were having a "considerable" impact on the post office's profitability."
politifact.com
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