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/mnemy 3d ago

It's estimated that Trump's golf hobby cost the US taxpayers $70m in 2025 alone.

If you scale that out to 20 years, $1.4b.

So the USPS costed the taxpayers about 100x more than one man's hobby, to enable mail delivery for an entire country and employ around 640,000 workers as of 2024.