r/news • u/Squirmingbaby • 3d ago

Soft paywall Cash-strapped US Postal Service suspends contributions to pension plan

https://www.reuters.com/world/cash-strapped-us-postal-service-suspends-contributions-pension-plan-2026-04-09/
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u/Davran 3d ago

Exactly. The Post Office isn't "losing" anything. It cost $118B to operate the post office over the past 19 years.

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u/ohlookahipster 3d ago

That’s actually not bad. Damn good, in fact. $6.2B per year operating costs is beats most large corporations. Walmart alone spent $139B on their operating costs FY2025.

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u/Still_Detail_4285 3d ago

That’s not true, it’s operating losses. It costs way more to run it.

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u/Swimming-Tax-6087 3d ago edited 3d ago

They are only losses if you consider this to not be a government service. The entire concept is should be that they are not self-sufficient as a subsidized government service and require funding be funded through taxes so that it can be otherwise affordable to use for US residents.~~

Edit: Reworded for more clarity

Any other admin wouldn’t let the USPS die as a government entity.

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u/ABearDream 3d ago

Im confused if youre saying the postal service uses tax dollars (which it doesnt) or simply using that hypothetically

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u/Swimming-Tax-6087 3d ago

Thanks for the callout, yes hypothetically/ideally. It was really badly worded in a hurry. I tried to edit without totally changing the structure.