Postal Service to Miss $5.5 Billion Payment to U.S. Treasury

Here comes more theft of our money.

Total of 11.1 Billion due by Sept 30.th 2012
5.5 Billion due tomorrow (original due Sept 30, 2011) & 5.6 Billion due sept 30, 2012


Without help from Congress, the U.S. Postal Service is likely to default on a big bill due Wednesday to the federal government -- $5.5 billion to prepay health care benefits for retirees.

Postal officials have said they're bracing for default on the payment. They also don't have the money to make a $5.6 billion payment due Sept. 30


[link to money.cnn.com]

A friend of mine retired from USPS. He gets full hospitalization and a nice pension check. And soon, I suspect, the taxpayer will be susidizing their benefits....