2024-12-12 08:30:50
The U.S. Postal Service was facing a budget crisis before PAEA, largely due to rapidly declining revenue resulting from the Internet replacing much of USPS's core business. The retirement requirement was designed to prevent USPS from creating liabilities it couldn't pay. [Link] NEEDS_MORE_RATINGS(1-0-3) Author
2024-12-12 17:49:10
The fabricated financial crisis that was used as the motive behind this bill in fact was not a crisis at all and a work of fiction. [Link] Finances before the prefunding bill were healthy. NEEDS_MORE_RATINGS(1-0-0) Author
2024-12-12 21:48:38
The PAEA did not require prefunding "75 years in advance" or to a standard to which "no organization has ever been held". It required prefunding pensions according to approximately the same standards as private businesses. [Link] NEEDS_MORE_RATINGS(0-0-0) Author