Like the proverbial poltergeists from a certain sequel to an 80’s horror flick, former co-chairs of the national debt commission that President Obama chartered to create a plan to balance the federal government’s budget, Erskine Bowles and Alan Simpson, have returned with an updated plan to raise $600 billion in taxes by closing “loopholes”…
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The hefty raises given to U.S. Postal Service bosses did not prevent losses of more than $15 billion last year. The postal bosses now want to reduce those massive losses by eliminating Saturday mail delivery, a congressional mandate dating from 1981. But since 2007 first-class mail volume has declined by 37 percent, giving way…
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