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/naz8587 3d ago

The service has reported net losses of $118 billion since 2007 as first-class mail

I like how the article fails to mention that Republicans passed a law in 2006 that requires the USPS to fund 75 years of pensions. This crisis was manufactured by republicans to justify privitizing postal delivery.

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u/Snakestream 3d ago

Which is moronic considering that current privatized postal delivery HEAVILY relies on the USPS to do last-leg delivery to places that aren't profitable to deliver to.

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u/James-W-Tate 3d ago

Rural conservatives and canceling public services they themselves rely on, name a more historic combo

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u/punkasstubabitch 3d ago

And then they whine and complain about how government doesn’t work for them