Post Office Might Miss Retirees' Payment
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CARLHAYDEN
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« on: July 19, 2012, 03:41:34 PM »
Post Office Might Miss Retirees' Payment

By JENNIFER LEVITZ

The Postal Service repeated on Wednesday that without congressional action, it will default—a first in its long history, a spokesman said—on a legally required annual $5.5 billion payment, due Aug. 1, into a health-benefits fund for future retirees.

http://online.wsj.com/article/SB10000872396390444097904577535322022316422.html?mod=WSJ_hppMIDDLENexttoWhatsNewsSecond
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Yelnoc
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« Reply #1 on: July 19, 2012, 04:53:54 PM »
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Surely they have more time then next wednesday?
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