{"id":3010,"date":"2015-06-12T09:55:32","date_gmt":"2015-06-12T13:55:32","guid":{"rendered":"http:\/\/kevinrkosar.com\/wordpress\/?p=3010"},"modified":"2015-06-12T14:48:06","modified_gmt":"2015-06-12T18:48:06","slug":"the-postal-service-should-sell-its-real-estate","status":"publish","type":"post","link":"https:\/\/kevinrkosar.com\/wordpress\/the-postal-service-should-sell-its-real-estate\/","title":{"rendered":"The Postal Service Should Sell Its Real Estate"},"content":{"rendered":"

\"US<\/a><\/p>\n

The U.S. Postal Service\u2019s latest financial results<\/strong><\/a> have been released. They are not good.<\/p>\n

The agency booked a loss of $2.1 billion in the first half of the fiscal year, which it ends with $15 billion in debt. Since 2011, the USPS has defaulted on $27 billion in payments to its Retiree Health Benefits Fund<\/strong><\/a>, and it may well fail to pay this year\u2019s $5.7 billion installment, due September 30.<\/p>\n

The Postal Service also reports that its 140,000-vehicle fleet is more than 20 years old and overdue for replacement. Two of its four employee unions are negotiating<\/strong><\/a> for better compensation, which would further raise operating costs at an agency where employee compensation already accounts for 80 percent of overhead…(Read more at RealClearPolicy.com<\/a>)<\/p>\n","protected":false},"excerpt":{"rendered":"

The U.S. Postal Service\u2019s latest financial results have been released. They are not good. The agency booked a loss of $2.1 billion in the first half of the fiscal year, which it ends with $15 billion in debt. Since 2011, the USPS has defaulted on $27 billion in payments to its Retiree Health Benefits Fund, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[161],"tags":[183],"class_list":["post-3010","post","type-post","status-publish","format-standard","hentry","category-postal-service","tag-real-clear-policy"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/pBCzY-My","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/posts\/3010","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/comments?post=3010"}],"version-history":[{"count":5,"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/posts\/3010\/revisions"}],"predecessor-version":[{"id":3018,"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/posts\/3010\/revisions\/3018"}],"wp:attachment":[{"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/media?parent=3010"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/categories?post=3010"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/tags?post=3010"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}