It's in Article One, Section Eight, Clause Seven of the Constitution: “[Congress shall have the power] To establish post offices and post roads.” But when the United States Postal Service defaulted last night on a $5 billion debt, they didn’t get any help from Congress.
The Senate passed legislation to allow the agency to recoup over $11 billion it had overpaid into an employee pension fund. It also provides incentives to “retire” about 100,000 postal workers. But none of that will go into effect without the House.
Representative Dennis Kucinich, a Democrat from Ohio, explains why he believes the default is manufactured.