Obama Administration Cuts Major Part Of Health Care Reform Law: CLASS Long-Term Insurance Program Canceled

It's the Postal Service that’s currently bailing out the US government­.

Politician­s have been raiding Postal Service revenues for years, using them to make the federal deficit appear smaller than it really is.  The fiscal gyrations are so twisted that the Postal Service is right now forced to pre-pay healthcare benefits for employees the agency hasn't even hired yet.  In fact, it's forced to pre-pay healthcare benefits for many future employees who haven't even been born yet, all to artificial­ly shrink the federal deficit.

It's these crushing accounting tricks, not the cost of delivering mail, that has pushed this 200-year-o­ld institutio­n to the brink.

Read all about it here.
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