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February 5, 2006February 3, 2015Sam Ryan

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The Postal Service Is Not ‘Debt-Free’

February 5, 2006February 3, 2015Sam Ryan

Letter to the Editor

A Jan. 24 letter praised the U.S. Postal Service for being “debt-free.”

Yet the Postal Service has more than $70 billion of unfunded liabilities: money it doesn’t have but has promised to its employees down the road. Praising it for being debt-free is like raving about your vehicle’s safety rating as you careen toward a cliff.

SAM RYAN
Arlington

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