CSPAN Key Capitol Hill Hearings February 7, 2014
This is the exigent price increase. The exigent price increase becomes the baseline and cpi begins in 2015 and going for. Not cpi plus one, but Going Forward. If there is some kind of agreement between the Postal Service and the prc on a new rate structure, fine. If not, we stay at cpi. In the bottom righthand corner of this spreadsheet, the most important number to me, and i think to dr. Coburn, is net cash balance at the end of 2023 of 7 billion. That sounds like a lot of money, but that is out of 750 billion over a tenyear period. Less than 1 . This assumes no recession for 10 years, we are...