APWU President Cliff Guffey on FOX TV 5, Aug. 12, 2011

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Uploaded by on Aug 19, 2011

In an August 12 interview with a Washington, DC Fox News affiliate, APWU President Cliff Guffey condemned Postal Service proposals to make workers pay for USPS financial problems, noting that the USPS economic crisis is the result of a provision of the Postal Accountability and Enhancement Act of 2006 that requires the Postal Service to pre-fund the healthcare benefits of future retirees -- a burden no other government agency or private company bears. The mandate requires the USPS to fund a 75-year liability over a 10-year period and costs the USPS more than $5.5 billion per year. Guffey also pointed out that the federal government is holding billions of dollars in postal overpayments to its pension accounts. Guffey called on Congress to allow the USPS to credit the overpayments to its prefunding obligation and restore economic stability to the nation's mail service.

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