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Post Office to Default on $5.5 Billion Pre-Retiree Health Payment

Today 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, and the mail will get delivered. But it’ll be one of the most important days […]

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