So just how is this happening? A bailout for the private sector but the USPS is held to a different standard by funding retirements fully for many years to come.
http://www.npr.org/blogs/itsallpolit...-traveled-road
""With the highway legislation, lawmakers resorted to an accounting trick called "pension smoothing." By letting companies with traditional pensions delay required payments to those funds, companies will have higher profits, which will boost what they pay in taxes. The House plan would raise $10.9 billion, most of which is needed to pay for highway projects through the end of the year. About $6.4 billion of the total would come from pension smoothing.""
""The downside is that near-term smoothing could lead to long-term bumpiness; the trick could leave pensions underfunded in the future, resulting in higher costs to taxpayers if the federal government has to eventually step in to take over those pension funds.""
Just being done to keep from raising the fuel tax.
Barney