Postal service to default on health care benefits




 
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Postal service to default on health care benefits
 
August 2nd, 2012  
News Manager
 

Topic: Postal service to default on health care benefits


Postal service to default on health care benefits
Congress is sitting idly by Wednesday as the U.S. Postal Service prepares to default on $5.5 billion in retiree health care payments. The postal service confirmed in a statement Monday that it would default on its payment to the U.S. Treasury due at midnight on Wednesday. It is also prepared to default on a $5.6 [...]




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