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Text of Statement by National Association of Letter Carriers on the August 1 Postal Service 'Default'
National Association of Letter Carriers, AFL-CIO 
[Opinion] July 31, 2012
"The word 'default' sounds ominous, but in reality this is a default on the part of Congress. It was Congress that in 2006 imposed a burden on the Postal Service that no other public agency or private company in America faces -- the obligation to pre-fund future retiree health benefits. And Congress made this unaffordable by requiring the Postal Service, which doesn't receive a dime of taxpayer money, to pre-fund 75 years into the future."
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