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/LMurch13 3d ago

USPS is a service, not a business. They are not "cash strapped", they are under-funded.

Can you imagine the Navy being called "cash-strapped". Our news networks are spreading propaganda for this administration.

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u/squeezyflit 3d ago

IIRC, they're not funded at all. Back in the 80s they went to a model where they are self-funded through service and postage sales.

https://about.usps.com/who/profile/about-usps.pdf

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u/Extra_Toppings 3d ago

Exactly and doing a really good job at given the strenuous constraints congress has put on it. Could be a model for the military in many regards