Post Office to Default on $5.5 Billion Pre-Retiree Health Payment – TIME
TIME Post Office to Default on $5.5 Billion Pre-Retiree Health PaymentTIMEToday the U.S. Postal Service will fail to make a $5.5 billion Congressionally mandated payment to cover health care costs for future retirees. At post offices around the country, everything will function normally. Postal trucks will be on their routes …Post office expected to default…