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The Post Office would have made over $400,000 in 2012, but a death stroke bill passed in December 2006 mandating that within 10 years the Post Office had to pony up 75 years in advance all the health care benefits of all the postal retirees. This burden costs the Post Office over $5 billion a year.
That kind of burden would kill any department especially when it is regulated by a Postal Regulatory Commission.
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