"Closer to privatization" is not "got rid of."
I don't know about anyone else, but 90% of the paper mail I get is junk that goes straight from my mailbox to the recycle bin. The other 10% are mostly bills and investment statements I never read because I get it all online. As environmentalists, Democrats should welcome transforming the postal service into a business that actually charges the cost of the services it delivers, specifically to discourage this pointless waste.
PAEA was passed in the House by voice vote without objection, and passed the Senate by unanimous consent. And when Dems took over in 2008, they didn't repeal it. So it's hard to imagine how you can blame Republicans for it.
Excuse me, they COULDN'T repeal it because it was blocked by a filibuster.
And PAEA was an exploding cigar bill, introduced as being helpful.
The Senate might have passed it but check out the changes they made to the original House bill.
`(B) Not later than June 30, 2017, the Office shall compute, and by
June 30 of each succeeding year shall recompute, a schedule including a
series of annual installments which provide for the liquidation of any
liability or surplus by September 30, 2056, or within 15 years,
whichever is later, of the net present value determined under
subparagraph (A), including interest at the rate used in that
computation.
``(3)(A) The United States Postal Service shall pay into such Fund--
``(i) $5,400,000,000, not later than September 30, 2007;
``(ii) $5,600,000,000, not later than September 30, 2008;
``(iii) $5,400,000,000, not later than September 30, 2009;
``(iv) $5,500,000,000, not later than September 30, 2010;
[[Page 120 STAT. 3252]]
``(v) $5,500,000,000, not later than September 30, 2011;
``(vi) $5,600,000,000, not later than September 30, 2012;
``(vii) $5,600,000,000, not later than September 30, 2013;
``(viii) $5,700,000,000, not later than September 30, 2014;
``(ix) $5,700,000,000, not later than September 30, 2015;
and
``(x) $5,800,000,000, not later than September 30, 2016.
``(B) Not later than September 30, 2017, and by September 30 of each
succeeding year, the United States Postal Service shall pay into such
Fund the sum of--
``(i) the net present value computed under paragraph (1);
and
``(ii) any annual installment computed under paragraph
(2)(B).
Oh looky ^^^, I think we found an extra 61,400,000,000 dollars.
Can you or anyone GUARANTEE that this sixty-one billion actually WILL BE PAID to postal employees seventy five years into the future?
I ask because if it wasn't for the annual five billion in ransom, the USPS would not be in so much debt.
Is there a PAEA for Congress? The Pentagon (they can't account for two trillion dollars, you know) or how about the military as a whole?
Is there ANY agency OR private corporation required to do such a thing?
And you're right, you DON'T KNOW about anyone else.
A lot of people depend on the USPS to ship stuff for a living.
How Congress Manufactured a Postal Crisis — And How to Fix it
I do not "blame Republicans", I blame Trump for exploiting known vulnerabilities.