Postal Service to Miss $5.5 Billion Payment to U.S. Treasury | |
Anonymous Coward User ID: 20898744 United States 07/31/2012 04:57 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 1313288 United States 07/31/2012 05:03 PM Report Abusive Post Report Copyright Violation | 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] |
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