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USPS halts pension contributions after warning of looming cash crisis

The United States Postal Service is suspending employer pension contributions for workers beginning Friday, citing a looming cash shortfall, the agency announced Thursday. The move, which affects the Federal Employees Retirement System (FERS), comes just weeks after the Postal Service warned Congress it could run out of cash in under…

LARRY KUDLOW: Low taxes are making the American middle class richer

Let’s take a break from the war and follow up on an important economic story, and that is the continued mobility of the great American middle class. There’s a lot more prosperity here than left-wing populist tax-and-spend Democrats would have anyone believe. Scott Winship of the American Enterprise Institute has…