The post office has come under fire from fiscal hawks for running a $9 billion deficit, and the threats have now reached the point where the service could be closed in a matter of weeks. What can be done to keep it in business?
CountdownThe post office has come under fire from fiscal hawks for running a $9 billion deficit, and the threats have now reached the point where the service could be closed in a matter of weeks. What can be done to keep it in business?
Speaking on Current TV’s Countdown, The Nation‘s Allison Kilkenny points out that the post office’s staggering deficit is a result of its unreasonable healthcare burden and pension-fund contributions. Instead of privatization, the solution being pushed by the GOP, Kilkenny proposes "minor accounting tweaks" that could easily turn the post office around.
—Jin Zhao
Countdown