The Postal Service is burdened by a 2006 statutory requirement imposed by Congress to fully pre-fund its liabilities for retiree healthcare costs, a requirement that no other federal agency or private-sector company faces. These liabilities, combined with the Postal Service’s unfunded pension liabilities, currently total about $125 billion, which is almost double its annual revenues
Post office has been bleeding money for DECADES! They need new management!
Definitely!
For many reasons, here is one in particular