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Saturday, April 11, 2026

Agency says the move will free up $2.5B this year, and officials warn it could run out of cash without major reforms

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USPS to suspend pension contributions, seeks 4-cent stamp price hike

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-- Politico (@politico.com) Apr 9, 2026 at 9:04 PM

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"The financial strain was further exacerbated by global tariffs, high inflation and recent spikes in gasoline prices, along with growing competition from private carriers such as Amazon, which now delivers many of its own packages."

#1 | Posted by Corky at 2026-04-11 10:40 AM | Reply

commonplacefacts.com

#2 | Posted by C0RI0LANUS at 2026-04-11 11:33 AM | Reply

Nothing a few rescinded tax cuts for billionaires couldn't address.

Orange Caligula has made his priorities clear.

#3 | Posted by Danforth at 2026-04-11 11:36 AM | Reply

media.cnn.com

#4 | Posted by C0RI0LANUS at 2026-04-11 11:42 AM | Reply


"The financial strain was further exacerbated by global tariffs, high inflation and recent spikes in gasoline prices, along with growing competition from private carriers such as Amazon, which now delivers many of its own packages."

This just points to government fragility. This is across the board, City, State, Federal cuts are coming because government is spending far too much relative to its income. It could tax more, and as we see in VA anything that isn't nailed down is being taxed. A kids dog walking service TAXED. Drycleaning? Taxed..
New York City having to cut back on library funding among other things.

Mamdani Might Raid a Severely Underfunded Retiree Fund To Balance New York City's Bursting Budget
reason.com

The hiring isn't of employees that will help the citizens... nono ... hiring of more managers, will they see a shake up like Google? Hell no.

Since 2019, California has been on a hiring spree. Under Gov. Gavin Newsom, the size of the state's workforce has grown by roughly 20,000 employees, according to California's human resources department " but that growth hasn't happened uniformly across the classes of civil service.
www.sacbee.com

Seems like there's nothing the government won't tax. But it won't stop the spending or hiring or growing the public unions ... why? well, as I articulated a year ago, the unions donate to democrat politicians. Where do the Unions get their money? Well fraud is how, as documented by the indictments in CA.....

Its funny too because a month ago I was ridiculed about declaring the amount of fraud is unsustainable. Yesterday Newsom and Bonta both NOW claim they are fighting fraud, so they threw a couple of immigrants under the bus. Hoping to satisfy the hoi poloi.

Dark times ahead because people aren't seeing the reality, just a fantasy of how they'd like things to be.

#5 | Posted by oneironaut at 2026-04-11 12:31 PM | Reply

"This just points to government fragility."

Two things: One, they face an equation no other entity faces, including other quasi-governmental entities.

And remind me: What's the final "S" stand for???

#6 | Posted by Danforth at 2026-04-11 12:51 PM | Reply | Newsworthy 1

"Where do the Unions get their money?"

From Union members, who all have the option to "not" have any portion of their dues go to ANY political activity.

And btw...ORGANIZING falls under that category.

#7 | Posted by Danforth at 2026-04-11 12:56 PM | Reply | Newsworthy 1

"they face an equation no other entity faces, including other quasi-governmental entities."

From Truth or Fiction:
Is USPS Losing Money Because of a 2006 Pension Law? - Truth or Fiction?

The law requires the Postal Service, which receives no taxpayer subsidies, to prefund its retirees' health benefits up to the year 2056. This is a $5 billion per year cost; it is a requirement that no other entity, private or public, has to make.

#8 | Posted by Danforth at 2026-04-11 12:58 PM | Reply | Newsworthy 3

he financial strain was further exacerbated by global tariffs, high inflation and recent spikes in gasoline prices

Thanks Trump!

#9 | Posted by jpw at 2026-04-11 01:50 PM | Reply

If the mobster doesn't personally get something profiting him, it is all on the chopping block. America is a falling empire, as the Soviet Union fell, and soon it will be too bankrupt to do much of anything, but hey, Trump and his gang will be as Putin and his oligarch gang are in Russia, absolute gods of the darkness.
Just ask the Pope if he thinks America is a safe country to speak one's truth to power....

#10 | Posted by Hughmass at 2026-04-12 07:41 AM | Reply

Two things: One, they face an equation no other entity faces, including other quasi-governmental entities.
And remind me: What's the final "S" stand for???

#6 | Posted by Danforth at 2026-04-11 12:51 PM | Reply | Flag:

The Postal Service Reform Act of 2022, signed into law by Joe Biden, has them paying normal actuarial contributions like every federal agency for FERS. Senate vote: 79-19; House vote: 342-92.

They're setup to fail structurally. You can't have massive legacy labor costs, a collapse in your primary revenue stream because the Internet took over, and a universal coverage mandate. The concept is out of date.

#11 | Posted by sitzkrieg at 2026-04-12 07:12 PM | Reply | Newsworthy 1

The only customers left are Boomers.

#12 | Posted by lfthndthrds at 2026-04-12 07:44 PM | Reply


The only customers left are Boomers.
#12 | POSTED BY LFTHNDTHRDS

Well they are the only ones to write with pen and paper... ask CorkyFromOcala.

#13 | Posted by oneironaut at 2026-04-12 08:33 PM | Reply | Newsworthy 1

They're setup to fail structurally.

From what I have seen all public unions, eventually, are setup to fail structurally, they are voracious and will grow and grow until it pops.

#14 | Posted by oneironaut at 2026-04-12 08:35 PM | Reply

#13 | POSTED BY CSAMRUNT
Says the orc-loving, crayon-eating MAGA shitstain.

#15 | Posted by reinheitsgebot at 2026-04-12 08:36 PM | Reply

Just ask the Pope if he thinks America is a safe country to speak one's truth to power....

The Pope LOL he doesn't even understand he exists only because catholics before him went to war.

#16 | Posted by oneironaut at 2026-04-12 08:36 PM | Reply | Newsworthy 1

@13

The whining is loud in this one.

#17 | Posted by Corky at 2026-04-12 08:43 PM | Reply

"They're setup to fail structurally."

They've been charted a course to fail structurally.

None of the failing structures you identified are Constitutionally mandated.

#18 | Posted by snoofy at 2026-04-13 12:58 AM | Reply

"Major reforms" aka wage and benefit cuts.

Because how arrogant of workers to actually want to be able to live comfortably and retire.

"they face an equation no other entity faces, including other quasi-governmental entities."

FedEx, UPS, DHL, etc are all eyeing that goldmine of revenue they can make when the USPS folds. The GOP, ripe to help them passed that ridiculous mandate to fund health care costs for retirees the day they're hired. Put that same requirement on the other delivery companies and see how fast they fold.

#19 | Posted by Nixon at 2026-04-13 07:25 AM | Reply

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