According to the Courier, Express, and Postal Observer, "At the joint Senate-House hearing, the issue of funding the Postal Service's retiree health care obligation was raised by every witness. There is near unanimity among all non-governmental stakeholders on this issue which can be summarized in four bullet points. 1. The Postal Service cannot be a viable enterprise, maintain current service levels, pay wages at or near current levels, and price products at levels that allow mail to be a competive mode for delivering advertising, other firms of business and personal communications and parcels as long as the retiree health obligations hang over its head. 2. The Postal Service's obligation has been overstated by the Office of Personnel Management. 3. The Postal Service has overpayment of its obligation for civil service pensions exceeds its obligation for retiree health benefits. Fixing this problem would eliminate most if not all of the Postal Service's annual obligation for retiree health benefits. 4. The only obstacle to fixing the problem is budget scoring and pay-go rules." Read the full blog post here.
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