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Senate Passes Bipartisan Postal Service Overhaul - WSJ

The bill would undo a requirement in a 2006 law that the Postal Service prefund its retiree health benefits, which the agency projects will save $27 billion over a decade.

USPS hasn’t made those required payments in over a decade. So I’m going to save $1M by foregoing a planned purchase of a $1M beach house and book those savings to my balance sheet.

And that’s how the government does math.

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