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Music Man

(1,184 posts)
Fri Aug 14, 2020, 09:33 PM Aug 2020

Never forget that the insane Postal Accountability and Enhancement Act has to go.

It astounds me that the PAEA isn't front page news every day. No other agency is held to the same retirement pre-funding requirements the USPS is, and they're not allowed to innovate with their business model. This law is almost single-handedly the reason the USPS is in debt.

Even when Trump and Louis Dejoy are gone, repealing this law HAS to be a priority. The USPS' money woes are an artificial crisis.

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Never forget that the insane Postal Accountability and Enhancement Act has to go. (Original Post) Music Man Aug 2020 OP
It's OLD 'news.' elleng Aug 2020 #1
The USPS woes are a very real crisis RainCaster Aug 2020 #2

elleng

(130,993 posts)
1. It's OLD 'news.'
Fri Aug 14, 2020, 09:36 PM
Aug 2020

'The Postal Accountability and Enhancement Act (PAEA) is a United States federal statute enacted by the 109th United States Congress and signed into law by President George W. Bush on December 20, 2006.[1]

The bill was introduced in the United States House of Representatives by Tom Davis, a Republican from Virginia, and cosponsored by Republican John M. McHugh of New York and Democrats Henry Waxman of California and Danny K. Davis of Illinois.[2] The bill was approved during the lame duck session of the 109th Congress, and approved by a voice vote.[3]

PAEA was the first major overhaul of the United States Postal Service (USPS) since 1970.[4] It reorganized the Postal Rate Commission, compelled the USPS to pay in advance for the health and retirement benefits of all of its employees for the next 50 years, and stipulated that the price of postage could not increase faster than the rate of inflation.'

https://en.wikipedia.org/wiki/Postal_Accountability_and_Enhancement_Act

RainCaster

(10,892 posts)
2. The USPS woes are a very real crisis
Fri Aug 14, 2020, 09:38 PM
Aug 2020

Much comes from too many good intentions over the years, but DFT has really done his best to destroy it. Quite deliberately I might add.

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