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Wed Apr 25, 2012, 01:45 PM

 

The pre-funding of postal service workers health benefits goes to the Treasury.

And they use the funds to help alleviate the deficit.

Wow.

No wonder the workers are pissed.

" The other cost comes from elimination of regular billion-dollar payments, now required by law, to Treasury to pre-fund health care benefits for retirees. That $23 billion would ease financial pain for the Postal Service, but it also means less revenue to ease federal deficits."

http://money.cnn.com//2012/04/25/news/economy/postal-service-senate/index.htm?section=money_topstories&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fmoney_topstories+(Top+Stories)

7 replies, 1519 views

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Arrow 7 replies Author Time Post
Reply The pre-funding of postal service workers health benefits goes to the Treasury. (Original post)
dkf Apr 2012 OP
HiPointDem Apr 2012 #1
TheWraith Apr 2012 #3
HiPointDem Apr 2012 #6
dkf Apr 2012 #7
dkf Apr 2012 #5
PDJane Apr 2012 #2
uponit7771 Apr 2012 #4

Response to dkf (Original post)

Wed Apr 25, 2012, 01:46 PM

1. same shit they did to social security. all this is about funding the general budget on workers'

 

backs while giving the 1% tax breaks.

i wonder how many other variations of this there are in the budget?

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Response to HiPointDem (Reply #1)

Wed Apr 25, 2012, 01:50 PM

3. Please go and read this.

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Response to TheWraith (Reply #3)

Wed Apr 25, 2012, 01:54 PM

6. i obviously read it as i'm posting all over that thread but i'm not sure what you wish me to look

 

at specifically in reference to this thread.

if you want to convince me that overfunding SS for 40 years was somehow beneficial and innocuous, i will never agree to that proposition. it was a scam.

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Response to TheWraith (Reply #3)

Wed Apr 25, 2012, 02:03 PM

7. So you support the pre-funding going to the treasury?

 

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Response to HiPointDem (Reply #1)

Wed Apr 25, 2012, 01:54 PM

5. Seriously...I had no idea.

 

This makes me really really mad. Damn I hope the postal workers are able to collect. They need to lobby for a separate fund NOW.

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Response to dkf (Original post)

Wed Apr 25, 2012, 01:49 PM

2. Well, yes........

A similar trick was used by Ronnie Reagan, who increased the payroll tax and used it to fund the government, so that he wouldn't have to raise taxes again. That's one of the reasons that the deficit is so high and the republicans are screaming about the 'inviability' of social security.

There should be a massive rebellion, IMHO.

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Response to dkf (Original post)

Wed Apr 25, 2012, 01:51 PM

4. wow!!!

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