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Postal Service Expected to Default a Second Time
http://www.darkgovernment.com/
The U.S. Postal Service will default this week on a $5.6 billion congressionally
mandated obligation to pre-fund retiree health benefits, marking the second time
in two months the cash-strapped agency has done this.
The Postal Service last month failed to pay $5.5 billion for its fiscal 2011
prepayment obligation, which originally was due in September 2011 but was [...]
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