‘First Class’ Review: Undeliverable Objectives

Kevin R Kosar
Jan 14, 2022

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In 2021 the United States Postal Service booked a $4.9 billion net loss. The USPS also reports that it has more than $120 billion in unfunded liabilities in pensions, retiree health benefits and other debts. To conserve cash, the agency has quit making payments on some of these obligations, and its perennial deficits likely portend a default…. (Read more)

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Kevin R Kosar
Kevin R Kosar

Written by Kevin R Kosar

Resident Scholar, American Enterprise Institute, Washington, DC. My books: Congress Overwhelmed (2020) and… See http://kevinrkosar.com

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