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Is the postal crisis real or man-made? The post office would have made over $400,000 in 2012 but for a death-stroke bill passed in December 2006 mandating that within 10 years the post office had to pony up 75 years in advance all the health-care benefits of all the postal retirees. This burden costs the post office over $5 billion a year.
That kind of burden would kill any department, especially when it is regulated by a postal regulatory commission.
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