{"id":3221,"date":"2015-11-16T09:51:28","date_gmt":"2015-11-16T14:51:28","guid":{"rendered":"http:\/\/kevinrkosar.com\/wordpress\/?p=3221"},"modified":"2015-11-23T13:41:07","modified_gmt":"2015-11-23T18:41:07","slug":"as-congress-remains-gridlocked-the-postal-service-loses","status":"publish","type":"post","link":"https:\/\/kevinrkosar.com\/wordpress\/as-congress-remains-gridlocked-the-postal-service-loses\/","title":{"rendered":"As Congress Remains Gridlocked, the Postal Service Loses"},"content":{"rendered":"<p><a href=\"https:\/\/kevinrkosar.com\/wordpress\/wp-content\/uploads\/2015\/11\/Postal-Service-Mail-Boxes.jpg\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"3222\" data-permalink=\"https:\/\/kevinrkosar.com\/wordpress\/as-congress-remains-gridlocked-the-postal-service-loses\/postal-service-mail-boxes\/\" data-orig-file=\"https:\/\/kevinrkosar.com\/wordpress\/wp-content\/uploads\/2015\/11\/Postal-Service-Mail-Boxes.jpg\" data-orig-size=\"1140,500\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;2&quot;,&quot;credit&quot;:&quot;Getty Images\\\/iStockphoto&quot;,&quot;camera&quot;:&quot;NIKON D80&quot;,&quot;caption&quot;:&quot;Mailboxes&quot;,&quot;created_timestamp&quot;:&quot;1251186713&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;35&quot;,&quot;iso&quot;:&quot;100&quot;,&quot;shutter_speed&quot;:&quot;0.001&quot;,&quot;title&quot;:&quot;482877985&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Postal Service Mail Boxes\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Mailboxes&lt;\/p&gt;\n\" data-medium-file=\"https:\/\/kevinrkosar.com\/wordpress\/wp-content\/uploads\/2015\/11\/Postal-Service-Mail-Boxes-300x132.jpg\" data-large-file=\"https:\/\/kevinrkosar.com\/wordpress\/wp-content\/uploads\/2015\/11\/Postal-Service-Mail-Boxes-1024x449.jpg\" class=\"size-large wp-image-3222\" src=\"https:\/\/kevinrkosar.com\/wordpress\/wp-content\/uploads\/2015\/11\/Postal-Service-Mail-Boxes-1024x449.jpg\" alt=\"Mailboxes\" width=\"610\" height=\"267\" srcset=\"https:\/\/kevinrkosar.com\/wordpress\/wp-content\/uploads\/2015\/11\/Postal-Service-Mail-Boxes-1024x449.jpg 1024w, https:\/\/kevinrkosar.com\/wordpress\/wp-content\/uploads\/2015\/11\/Postal-Service-Mail-Boxes-300x132.jpg 300w, https:\/\/kevinrkosar.com\/wordpress\/wp-content\/uploads\/2015\/11\/Postal-Service-Mail-Boxes.jpg 1140w\" sizes=\"auto, (max-width: 610px) 100vw, 610px\" \/><\/a><br \/>\nThe U.S. Postal Service lost nearly $5 billion this past year, according to its just-released <a href=\"http:\/\/about.usps.com\/who-we-are\/financials\/10k-reports\/fy2015.pdf\">year-end financial results<\/a>. As in recent years, the agency did not make the legally required $5.7 billion payment to its <a href=\"https:\/\/www.fas.org\/sgp\/crs\/misc\/R43349.pdf\">Retiree Health Benefits Fund<\/a>. The agency is $15 billion in debt and legally prohibited from borrowing additional funds. The unfunded portion of its retiree-health-benefits obligation is $54 billion&#8230;. (Read more at the <a href=\"http:\/\/www.rstreet.org\/2015\/11\/16\/as-congress-remains-gridlocked-the-usps-loses\/\">R Street Institute Blog<\/a>\u00a0or at <a href=\"http:\/\/www.newsweek.com\/post-office-continues-sinking-band-plays-397320\">Newsweek<\/a>)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. Postal Service lost nearly $5 billion this past year, according to its just-released year-end financial results. As in recent years, the agency did not make the legally required $5.7 billion payment to its Retiree Health Benefits Fund. The agency is $15 billion in debt and legally prohibited from borrowing additional funds. The unfunded [&hellip;]<\/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":[175,176],"class_list":["post-3221","post","type-post","status-publish","format-standard","hentry","category-postal-service","tag-newsweek","tag-r-street-institute-blog"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/pBCzY-PX","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/posts\/3221","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=3221"}],"version-history":[{"count":2,"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/posts\/3221\/revisions"}],"predecessor-version":[{"id":3232,"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/posts\/3221\/revisions\/3232"}],"wp:attachment":[{"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/media?parent=3221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/categories?post=3221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/tags?post=3221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}