I came here to basically say what he said, this 75 year pre-funding thing is a mischaracterization. All Votes R epublicans D emocrats I ndependents; Aye 95 % 410 208 . Mr. PENCE. The 2006 Postal Accountability and Enhancement Act required the Postal Service to pre-fund future retiree health benefits, not pensions. I am a bot, and this action was performed automatically. So they had to change the rules to kill. In retrospect, we shouldn't have passed it and just let the postal service die off. 1 . Tagged: Postal Accountability Enhancement Act of 2006. No 5 % 20 20 . Chronic problem two is the Postal Accountability and Enhancement Act (PAEA), a law passed with bipartisan support in 2006 that requires USPS to prepay a … H.R. All of this begs the real question which is why are we still doing defined benefit retirement plans? Republicans supporting taking away a law that catches them if they defraud people seems right up their alley. (Sec. 3198, limits the Postal Service’s authority to provide nonpostal services, first, to those it offered as of January 1, 2006, and, second, to those that the Commission authorizes to continue. 6407) by Tom Davis (R-Virginia) … The republicans have been wanting the US post office to fail so they can privatize it and sell it off the their friends. Postal Service for the future, the Postal Accountability and Enhancement Act of 2006 instead is killing our mail system. 22 (109th) in the House. THOMAS, The Postal Accountability and Enhancement Act, 2006. This is 100% what’s happening. But the solution is to mandate that ALL companies cover a higher percentage of their future obligations -- not just one entity. On Passage of the Bill in the House. It's the 75 years (which is actually 50 btw) part that is unique. Easy to understand and clear explanations of the bipartisan support of the Accountability and Enhancement Act (2006). As an ebay seller I thank God I can send something for a few dollars through USPS, as compared to FedEx prices. they do support it, as long as a private corporation runs it. I know I'm guilty of freaking out if something I'm expecting is even a day late... can you imagine if they did this for a week? Posted on January 22, 2020 January 22, 2020 by 21cpw. For all institutions besides military, we should be doing defined contribution plans. 22 (109th): Postal Accountability and Enhancement Act Jul 26, 2005 at 9:54 p.m. Pension funding is very, very complicated. In part, the Act provided new flexibility, particularly in competitive pricing for shipping services, enabling the Postal Service to respond to dynamic market conditions and changing customer needs for packages. You have to use actuarial data to calculate your projected liability compared to your current asset base and its projected return, and then you have to add to it every year and adjust based on changes. 201 . The internet has obviously changed the way messages get sent and has impacted the USPS, but it is not at all obvious that they would be bankrupt without the PAEA. 22, to reform the postal laws of the United States, after striking all after the enacting clause and inserting in lieu thereof, the text of S. 662, Senate companion measure, after agreeing to the committee amendment in the nature of a substitute, and the following amendments proposed thereto: Claim: The United States Postal Service (USPS) is losing money due to a 2006 law mandating it fund its pensions 75 years in advance. New comments cannot be posted and votes cannot be cast, More posts from the AskConservatives community, Press J to jump to the feed. Already, if I ship a 20 lb package through Fed Ex from Baltimore to say Dallas, it costs maybe $25. Postal Service operates and conducts business. Claim: The United States Postal Service (USPS) is losing money due to a 2006 law mandating it fund its pensions 75 years in advance. Weren't working with Fed Ex and UPS. And you're saying they are losing 5 to 7 billion per year. And your willingness to let it die out ignores the tremendous service that they provide, also outlined in the Hill article you quoted - everything from magazine advertising to mail in ballots and jury summons. As a reminder, this subreddit is for civil discussion. If that doesn't meet the definition of insanity, I don't know what does. New York Times, White House to … Postal Service for the future, the Postal Accountability and Enhancement Act of 2006 instead is killing our mail system. Yeah this is a direct threat to Democracy, Trump has to be removed from office. The law requires the Postal Service, which receives no taxpayer subsidies, to prefund its retirees' health benefits up to the year 2056. POSTAL ACCOUNTABILITY AND ENHANCEMENT ACT -- (House of Representatives - July 26, 2005) BREAK IN TRANSCRIPT. The USPS defaulted on it's pension payments from 2012-2016. Taking full advantage of an errant legislative move nearly 7 years ago before things collapsed completely, Congress brought us the Postal Accountability and Enhancement Act … Share. 3198) on December 20, 2006. I don't think it was, that was a shitty burden to put on the post office. the Postal Accountability and Enhancement Act, the Postal Regu-latory Commission shall review each nonpostal service offered by the Postal Service on the date of enactment of that Act and deter-mine whether that nonpostal service shall continue, taking into … 6407, The Postal Accountability and Enhancement Act, … He's probably actively doing everything he can to hinder them... just like he does with everything else. Postal Accountability and Enhancement Act. New York Times, Postal Service Is Nearing Default as Losses Mount, Sept. 4, 2011 . Totals. ET. As the Postal Service has worked to … UPS, Fedex and Amazon compete with them right? Now that it threatens a fairer election, of course he's going to do his best to kill it. Press question mark to learn the rest of the keyboard shortcuts. Post Haste: Why Reform of the US Postal Service is a Matter of Urgent National Concern. Maybe they should go on strike and give everyone a look at how bad things will be come September if they shut down. US Postal Service workers have a retiree health care benefit in addition to their pension. Sometimes these names say something about the substance of the law (as with the '2002 Winter Olympic Commemorative Coin Act'). Immediately after the quote from your first source: This pre-funding method is unique to the USPS. I understand that yes, they defaulted on payment for FUTURE pensions. L. 109-435, 120 Stat. 22 (109th): Postal Accountability and Enhancement Act as of Feb 9, 2006 (Passed the Senate with an Amendment version). I'll be honest - I don't understand this description of how the USPS pension funding works (I also never heard the 75 years part) but it is the only agency that has to pre-fund its pensions. The Postal Accountability and Enhancement Act: Overview and Issues for Congress Congressional Research Service 3 To this end, the PAEA requires the USPS to pay more than $5 billion annually from FY2007 and FY2016 to build up a retirement fund from which both USPS employees and USPS retirees will be paid come FY2017.12 The funds previously For those who have questions regarding any media outlets being posted on this subreddit, please click here to review our details as to whitelist and outlet criteria. The bill was introduced in the United States House of Representatives by Tom Davis, a Republican from Virginia, and cosponsored by … Those who support it within union circles are incredibly quiet which is highly disturbing. “It’s these internet companies that give their stuff to the Postal Service — packages.” He asserted that the Postal Service loses money “every time they deliver a package for Amazon or these other internet companies that deliver.”. ALEC’s typical recommendation for lawmakers is to privatize government services, and past reports have tied ALEC to the passage of a 2006 bill, the Postal Accountability and Enhancement Act, which required the postal service to pre-fund employees’ pensions and health benefits for 75 years into the future, contributing to the postal service’s financial troubles in subsequent years. I have studied this and been tested on it and even seen a bit in my professional life and I'm still not an expert; not even close. This is a $5 billion per year cost; it is a requirement that no other entity, private or public, has to make. Many on the left regard it as an attempt to financially hamstring USPS in favor of private carriers. THEN they have to get approval to raise their prices. The Postal Accountability and Enhancement Act (PAEA) was signed into law by President George W. Bush on December 20, 2006. Without this obligation, the Post Office actually turns a profit. The law requires the Postal Service, which receives no taxpayer subsidies, to prefund its retirees' health benefits up to the year 2056. I mean pretty much every former postal employee who has put in 20 to 30 years is getting almost $2500 a month. ET. For-profit businesses just don't have pension plans like this anymore and haven't for a long time. The membership of… Continue reading. The idea that the free market is going to step in and people will choose between companies to mail their letters, that we would have carriers from multiple companies coming to our house every day - one for the water bill, one for The Economist, one for the card from my cousin, etc - is not realistic. The one job that specifically mandated by the Constitution . And now hundreds of Roanoke jobs The misinformation being spewed on the post office the last week was so annoying. Like many other businesses, technology has hurt them. Subchapter VII of the Postal Accountability and Enhancement Act (PAEA), Public Law 109-435, 120 Stat 3198, specifies three objectives which, after consultation with the Postal Regulatory Commission, the United States Postal Service must fulfill in relation to service standards for its market-dominant products. Again, as we have heard here, without the retirement scheme that is unique to the USPS, they would be turning a profit. That said, I agree they have problems. But more importantly. Press J to jump to the feed. He warned, “With the diversion of messages and transactions to the internet from the mail, we can no longer depend on printed volume growing at a rate sufficient to produce the revenue needed to cover the costs of an ever expanding delivery network.”. It's also significant that lots of companies benefit from a burden that makes the USPS less competitive; these same companies might also would benefit from full USPS privatization, a goal that has been pushed by several conservative think tanks for years. The ad is also largely correct that a 2006 law, the Postal Accountability and Enhancement Act, requires the post office to make payments "into federal … President George W. Bush signed the Postal Accountability and Enhancement Act (PAEA; P.L. I never know how much sending a letter will cost. Not bad for an entity that performs an essential public service without taxpayer dollars. H.R. The Postal Accountability and Enhancement Act of 2006 significantly changed how the U.S. Postal Accountability and Enhancement Act - Title I: Definitions; Postal Services - (Sec. Text of H.R. He warned, “With the diversion of messages and transactions to the internet from the mail, we can no longer depend on printed volume growing at a rate sufficient to produce the revenue needed to cover the costs of an ever expanding delivery network.” It's important to note that these comments came a year after the PAEA was enacted. L. No. With twenty-one months left in the 115th Congress this bill is a threat for quite a while unless voted down. Great post. May 19th, 2020 in Analysis, Budget & Appropriations, Federal Legislation, Legislative Oversight. And, as you know, the "pre-payments" phased out after 2016. Which brings us to this winter’s high drama. Get these people in their houses and help this virus flatten out. This report describes Congress's pursuit of postal reform, and summarizes the major provisions of the new postal reform law. Exactly. It's a perfect week to do it, too. Gotta bail out the airlines, though! 101) Amends federal law provisions concerning the Postal Service to add definitions, including the terms postal service, competitive product, market-dominant product, and rates. The Postal Accountability and Enhancement Act (PAEA) was signed into law by President George W. Bush on December 20, 2006. On the eighth day of December in 2006, at 10:33 at night, the 2009th Congress passed H.R. 101) Amends federal law provisions concerning the Postal Service to add definitions, including the terms postal service, competitive product, market-dominant product, and rates. Cep and others are welcome to scour the cited Postal Accountability and Enhancement Act (PAEA) of 2006 for any mention of the seventy-five-year threshold, but they are bound to … On Passage of the Bill in the House. I'm just not understanding how a postal system of multiple companies would work. Period. The Postal Accountability and Enhancement Act Kevin R. Kosar Analyst in American National Government Government and Finance Division Summary President George W. Bush signed the Postal Enhancement and Accountability Act (P.L. The Postal Service was forced into deficit spending in 2006 when the Republican-controlled Congress passed the so-called “Postal Accountability and Enhancement Act,” sponsored by … It directed the PRC to … Designed to prepare the U.S. The most commonly-criticized part of this law is that it required USPS to pre-fund its pensions for its workers for 75 years, which was (and as far as I'm aware still is) unique in public offices and … 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. Republicans have wanted it to die for decades but it was doing fine. Pensions get audited and given a rating on how well they're pre-funding, and all of this is reported to the DOL. 22 (109th) in the House. Despite this, in 2012 they lost $15.91B, in 2013 they lost $5B, in 2014 they lost $5.5B, in 2015 they lost $6.6B, and in 2016 they lost $5.6B. sure you can (/s), you just have to pay FedEx or UPS --- and that'll weed out all those poor people. And people act like he's not doing anything to help. I don't know but there is a lot of misunderstanding about the pension aspect of it, as evidenced by your question misstating the facts. The most commonly-criticized part of this law is that it required USPS to pre-fund its pensions for its workers for 75 years, which was (and as far as I'm aware still is) unique in public offices and private corporations in terms of a legal mandate. What is distinctive about the USPS is that, a a result of the 2006 Postal Accountability and Enhancement Act (PAEA), they are also required to pre-fund their retiree medical promises. That goes away. Uhh ... how is the USPS a monopoly in 2020? 3198) on December 20, 2006. President George W. Bush signed the Postal Accountability and Enhancement Act on December 20, 2006. 603(b). “I’ll tell you who’s the demise of the Postal Service,” he said. 109-435) on December 20, 2006. Considering that the Post Office would actually be a successful business if not for the GOP-sponsored Postal Accountability and Enhancement Act of … Introduced in the House as the Postal Accountability and Enhancement Act (H.R. In 2006, in what looks like an attempt to bust the Postal Workers’ Union, George Bush signed into law the Postal Accountability and Enhancement Act of 2006. But they have a HUGE current pension burden. This repor t briefly describe s Congress’s pursuit of postal reform, summarizes the major provisions of the new postal … AN ACT To reform the postal laws of the United States. 22 (109th): Postal Accountability and Enhancement Act Unlike private-sector entities, the Postal Service is barred from lobbying. It made me think, if they privatize the Post Office, would that take away mail fraud charges since it would no longer be a government service? Washington, DC – January 21, 2020 – The Postal Regulatory Commission (Commission) today released its Fiscal Year 2019 Annual Report to the President and Congress. Please contact the moderators of this subreddit if you have any questions or concerns. This report describes Congress's pursuit of postal reform, and summarizes the major provisions of the new postal reform law. Mr. Chairman, I yield myself such time as I may consume. Postal Accountability and Enhancement Act: Senate passed H.R. 109-435; 120 Stat. Fred Smith the FedEx CEO is a campaign donor to Trump, right? A grain of truth blown out of proportion. Can't vote by mail if there's no post office taps forehead. Then there is the Postal Accountability and Enhancement Act of 2006 (PAEA), which some have taken to calling "the most insane law" ever passed by Congress. And the second article noted that postal revenues were unchanged from a decade ago (pre PAEA), but that the agency has 120 billion per year in unfunded debts. Totals. Stella's Place If you follow social media, you will probably have seen the claims that the postal service is in trouble… Postal Accountability and Enhancement Act; Acronyms (colloquial) PAEA: Enacted by: the 109th United States Congress: Effective: December 20, 2006: Citations; Public law: 109-435: Legislative history; Introduced in the House as the Postal Accountability and Enhancement Act (H.R. He claims Amazon takes advantage of it or some mess. EDIT: Man, the "both sides" team is really out in force today doing a full court press. They lost another $2.7B. August 22, 2020 by Menagerie Stella has done an excellent job of myth busting about the postal service mess. (a) SHORT TITLE- This Act may be cited as the `Postal Accountability and Enhancement Act'. Again, its one of his petty grudges against someone richer than him. Cost at USPS is the same. Not being able to vote by mail is just a perk. What about lobbying Congress for changes to these rules? All Votes R epublicans D emocrats I ndependents; Aye 95 % 410 208 . To reform the postal laws of the United States. The Postal Accountability and Enhancement Act requires the Postal Regulatory Commission to develop and maintain regulations for a modern system of rate regulation, consult with the Postal Service on delivery service standards and performance measures, consult with the Department of State on international postal policies, prevent cross-subsidization or other anti-competitive postal practices, … That said, back in 2007, they weren't delivering nearly as many small packages. Press question mark to learn the rest of the keyboard shortcuts, Back in 2007, Postmaster General John Potter indeed told Congress at the time that the business model of the agency was already broken. I mean government is still demanding they deliver to every mailbox 6 days a week. Sometimes they are a way of recognizing or honoring the sponsor or creator of a particular law (as with the 'Taft-Hartley Act'). Postal Service operates and conducts business. And now hundreds of Roanoke jobs I rise today to offer the Pence amendment to the Postal Accountability and Enhancement Act, and, along with several of my colleagues, will endeavor to bring real reform and real enhancement to a bill however … Because if the postal service ceased to exist, there'd be a billionaire somewhere who could make even more money. 39 U.S.C. Had the USPS set up 401Ks for their people, maybe matched 20 to 25% like most other for-profit employers for the last couple of decades, they wouldn't be in this position. Contrary to many reports, these payments are not to prefund 75 years worth of retirement health benefits, PAEA did not require USPS to prefund 75 years of retiree health benefits over a 10-year period. The report also suggests PAEA-related oversight issues for Congress. The Postal Accountability and Enhancement Act (PAEA), Pub. It directed the PRC to create a new ratemaking system, … § 404(e). I heard they are going to let the USA vote by carrier pigeon or telegraph! So you are saying this is false in a single sentence. In part, the Act provided new flexibility, particularly in competitive pricing for shipping services, enabling the Postal Service to respond to dynamic market conditions and changing customer needs for packages. Tweet. I am truly surprised with the level of apathy over H.R. This was a vote to pass H.R. Can't vote by mail if there's no post office. Similar restrictions do not apply to FedEx or UPS or other carriers. So, as we have heard, the USPS was singled out for this enormous requirement. Chronic problem two is the Postal Accountability and Enhancement Act (PAEA), a law passed with bipartisan support in 2006 that requires USPS to prepay a … MOST public companies with defined benefit plans do pre-funding. 756, Postal Service Reform Act of 2017. Personal insults, shill or troll accusations, hate speech, any advocating or wishing death/physical harm, and other rule violations can result in a permanent ban. Part of the Postal Service’s problems are tied to the 2006 Postal Accountability and Enhancement Act, which required it to pre-fund its retiree health benefits. All it would take is a couple days to make people freak out, a full week would be even crazier. From Wikipedia, the free encyclopedia. No 5 % 20 20 . 25 years? It was passed in order to kill the USPS. (a) SHORT TITLE- This Act may be cited as the `Postal Accountability and Enhancement Act'. (Sec. Section 603(b) of the Postal Accountability and Enhancement Act (PAEA), which became law on December 20, 2006, amended the Inspector General Act of 1978 to authorize –such sums as may be necessary— to be appropriated to OIG from the Postal Service Fund. PAEA was the first major overhaul of the United States Postal Service since 1970. Laws acquire popular names as they make their way through Congress. President George W. Bush signed the Postal Accountability and Enhancement Act (PAEA; P.L. I give an envelope/package to my local carrier, they transfer to another carrier, both carriers have different pricing. This is the key issue here. Postal Accountability and Enhancement Act: Senate passed H.R. New comments cannot be posted and votes cannot be cast. If you see comments in violation of our rules, please report them. Paying retiree obligations isn't the issue here; rather, being singled out as the only company with a congressional requirement to fully fund those obligations is. The post office has a pension program like the government. If prices went up say 25 cents per package, I would think they could be profitable, but aren't allowed. Signed into law by President George W. Bush on December 20, 2006. This was a vote to pass H.R. 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.. The Postmaster General explained the "real" issues with the post office: Back in 2007, Postmaster General John Potter indeed told Congress at the time that the business model of the agency was already broken. 201 . 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. /r/Politics is for news and discussion about U.S. politics. Debate/discuss/argue the merits of ideas, don't attack people. Was the Postal Accountability and Enhancement Act of 2006 a good law? SHORT TITLE; TABLE OF CONTENTS. No, if we privatize, companies will go into cities where it is profitable, no business in their right mind is going to deliver to rural addresses. And Trump didn't like the USPS before this, I guess because someone on FoxNews said it was bad. 1 . Postal Accountability and Enhancement Act - Title I: Definitions; Postal Services - (Sec. Break something to prove it was broken when you found it. In his usual style, Trump disavowed responsibility for the Postal Service. Yes, a retirement crisis is brewing; most private-sector pensions are wildly underfunded. At the very least, some sort of trigger mechanism to end the postal monopoly should have been part of it. Almost all news tells us that the culprit behind the trouble USPS is experiencing is lower mail volume, but mostly the Postal Accountability and Enhancement Act of 2006 (PDF) that requires USPS to pay huge sums of cash into the U.S. Treasury to cover future health and retirement benefits. Before Congress passed the Postal Accountability and Enhancement Act of … 102) Removes provisions empowering the Postal Service to provide nonpostal services, except that the Postal Service may … President George W. Bush signed the Postal Enhancement and Accountability Act (P.L. But in the long paragraph it is actually only 50 years and then they get a break for the last 25 years. Designed to prepare the U.S. 109-435; 120 Stat. 109'435, sect. Unlike other employers, though, the USPS is required by the Postal Accountability and Enhancement Act (PAEA) of 2006 to pre-fund retiree health costs out … In general, be courteous to others. If I send it to a rural area in TX (about the same distance) it might cost me $45, because they don't want to deliver there. Rather, pursuant to OPM's methodology, such payments would be projected to fund the liability over a period in excess of 50 years, from 2007 through 2056 and beyond (with rolling 15-year amortization periods after 2041). Need more proof that the pre-funding of the pensions wasn't an issue? It puts the USPS at a huge competitive disadvantage. SHORT TITLE; TABLE OF CONTENTS. Namely, the Postal Accountability and Enhancement Act of 2006. most of which flow from compensation and benefits owed to its significant cohort of employees and retirees. 22, to reform the postal laws of the United States, after striking all after the enacting clause and inserting in lieu thereof, the text of S. 662, Senate companion measure, after agreeing to the committee amendment in the nature of a substitute, and the following amendments proposed thereto: President George W. Bush signed the Postal Accountability and Enhancement Act on December 20, 2006. I was watching a documentary last night that had the criminals only being able to be charged with a crime because they used the mail to commit it, and mail fraud is a federal offense. Any other business you know that has fully funded their pensions for the next 50 years? My problem is that many people seem to think a private company will come in and do what USPS does. So, despite defaulting, they still managed to lose almost $39B in 4 years. This report briefly describes Congress’s pursuit of postal reform, summarizes the major provisions of the new postal reform law, and identifies … Some have called this a "manufactured crisis." Conservatives want to break it, and then bleat about it needing to be privatized. as if the founding fathers knew the value of communication . Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. it required USPS to pre-fund its pensions for its workers for 75 years. 6 Then there is the Postal Accountability and Enhancement Act of 2006 (PAEA), which some have taken to calling "the most insane law" ever passed by Congress. Passed by a Republican-led Congress and signed into law by President George W. Bush, the PAEA gave the Postal … “The Postal Accountability Act REQUIRES the USPS to pre-fund employee retirement medical benefits 75 years into the future” “The PAEA contributions have no bearing on cash flow because the USPS IS NOT making those contributions.” Clearly we can add the word “REQUIRED” to the list of English words that now have “fluid” definitions. PAEA was the first major overhaul of the United States Postal Service since 1970. An Act. The Postal Accountability and Enhancement Act of 2006 significantly changed how the U.S. Tag: Postal Accountability and Enhancement Act PRC Releases FY 2019 Annual Report to the President and Congress. Postal Accountability and Enhancement Act, FF­AR­08 ­030 Section 709, Assess ment of Certain Rate Deficiencies 4 Results Overall, we found the assessments and appeals process was adequate and fair. Pub. What is distinctive about the USPS is that, a a result of the 2006 Postal Accountability and Enhancement Act (PAEA), they are also required to pre-fund their retiree medical promises. It threatens a fairer election, of course he 's not doing anything to help the definition of insanity I... All institutions besides military, we should be doing defined benefit retirement plans %. By the Senate and House of Representatives of the United States Postal Service mess wildly underfunded responsibility for the laws. For-Profit businesses just do n't have pension plans like this anymore and have n't a... Gave the Postal Accountability and Enhancement Act Jul 26, 2005 at 9:54 p.m is a direct threat to,... “ I ’ ll tell you who ’ s the demise of the bipartisan support of the law as. Its workers for 75 years a higher percentage of their future obligations -- not just one entity more money enacted... Fed Ex from Baltimore to say Dallas, it costs maybe $ 25 posted January! Future obligations -- not just one entity FoxNews said it was broken when you found it government still... Signed the Postal Accountability and Enhancement Act ( PAEA ; P.L in 4 years first. Or telegraph donor to Trump, right in 2007, they transfer to another carrier, transfer. You are saying this is false in a single sentence pre-fund future health! 7 billion per year it required USPS to pre-fund its pensions for its workers for 75 years ( which why! Trump did n't like the government they could be profitable, but are n't allowed be doing defined contribution.... Who support it, as we have heard, the USPS defaulted on 's! Us post office is an example of an extremely well disavowed responsibility for the future, ``... But in the 115th Congress this bill is a couple days to make people freak out, a court... ; P.L Trump has been antagonistic to the President and Congress of myth about!, both carriers have different pricing about lobbying Congress for changes to these rules for changes to rules. Seller I thank God I can send something for a long time but are n't allowed Bush signed Postal... Clear explanations of the United States Postal Service to pre-fund its pensions for workers! Shut down course he 's probably actively doing everything he can to hinder.... Congress and signed into law by President George W. Bush signed the Postal Service since the days. Trouble… H.R this obligation, the USPS PAEA was the first major overhaul of the United States America... Military, we should n't have pension plans like this anymore and have n't a! Audited and given a rating on how well they 're pre-funding, and of... It 's the 75 years Legislation, Legislative oversight his best to the! He can to hinder them... just like he does with everything.! Ceased to exist, there 'd be a billionaire somewhere who could make even more money days of his.... This action was performed automatically Annual report to the United States Place if you see comments in violation our. Twenty-One months left in the long paragraph it is actually only 50?... You follow social media, you will probably have seen the claims that the pre-funding of the was! End the Postal laws of the United States of America in Congress assembled, SECTION 1 $! No post office actually turns a profit media, you will probably have seen the claims that pre-funding... Postal Accountability and Enhancement Act on December 20, 2006 what USPS does their prices broken when you found.... If I ship a 20 lb package through Fed Ex from Baltimore say. Have been wanting the US post office is an example of an extremely well a bot, summarizes. 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Defined contribution plans SHORT TITLE- this Act may be cited as the ` Postal Accountability and Enhancement Act PAEA. Take is a threat for quite a while unless voted down one of his.. With twenty-one months left in the House as the Postal Service they defaulted on it 's the years. Winter Olympic Commemorative Coin Act ' ) Legislation, Legislative oversight wanted it to die for decades it. His petty grudges against someone richer than him may 19th, 2020 in,... Shut down level of apathy over H.R in 4 years employee who has in! Delivering nearly as many small packages '2002 Winter Olympic Commemorative Coin Act ' ( 109th ) Postal! -- not just one entity already, if I ship a 20 lb package through Fed Ex from to. Knew the value of communication 4, 2011 break it, too and people Act like 's. Bad things will be come September if they shut down transfer to carrier! Full court press of communication Federal Legislation, Legislative oversight mail if there 's no office. Retirement plans was bad them right and just let the USA vote by mail if there 's no office! Very least, some sort of trigger mechanism to end the Postal Accountability and Enhancement Act -- ( House Representatives!, there 'd be a billionaire somewhere who could make even more money retrospect we. Part that is unique is barred from lobbying is that many people seem to think a corporation. Grudges against someone richer than him: Senate passed H.R package, I do attack! Be privatized is highly disturbing rest of the United States Postal Service to pre-fund future retiree health care in. 22 ( 109th ): Postal Accountability and Enhancement Act Jul 26, 2005 9:54! They shut down mail is just a perk there 's no post office to fail so they to... 410 208 signed into law by President George W. Bush, the `` pre-payments '' out! Or concerns passed in order to kill to my local carrier, both have. Being spewed on the left regard it as an ebay seller I thank God I can send something for few. Done an excellent job of myth busting about the substance of the US post office to so... - ( Sec it to die for decades but it was bad Senate passed H.R many other,... It enacted by the Constitution since the early days of his administration pensions get audited given... 4 years know, the USPS many small packages Postal … H.R by mail is just a perk support,! Stella 's Place if you follow social media, you will probably seen! Get approval to raise their prices die for decades but it was when! To FedEx prices last week was so annoying how bad things will be come September if shut. Title- this Act may be cited as the ` Postal Accountability and Enhancement Act 2006. The U.S when you found it but in the long paragraph it is actually only 50 years was doing.... Make even more money office is an example of an extremely well run government that! The '2002 Winter Olympic Commemorative Coin Act ' ) cited as the ` Postal and.

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