So if the pre funding were eliminated, we wouldn't be losing money? Well, we'd still be losing money but not very much. And, but We still have this overhang of about $100 billion of unfunded liability. You know, I've looked at the balance sheet as best I can reconstruct it in, you know, something close to GAAP versus other large bankruptcies and it looks like a bankrupt entity. (27:22–27:27)
CLAIM
Asserts that the Post Office has approximately $100 billion in unfunded liabilities.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
