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When USPS Defaults, Blame Congress

Joe Nocera says the pending crisis was totally avoidable

By Kevin Spak,  Newser Staff

Posted Jul 31, 2012 12:49 PM CDT

(Newser) – This is the week the US Postal Service defaults on a major obligation—in this case, a legally mandated $5.5 billion payment to "prefund" its health benefits. What brought the post office to this sorry state? Of course, part of the problem is...   Read full story »

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