The ongoing COVID-19 outbreak in the United States has plunged the US Postal Service into dire financial straits, as more Americans than ever rely on post offices to deliver necessary medicine and supplies, especially in underserved rural areas. House Oversight Committee Chairwoman Carolyn Maloney and Rep. Gerry Conolly, who runs the subcommittee that oversees the Postal Service, sounded the alarm that the agency could run out of funding altogether by June if Congress doesn't act soon.
That could put a real crimp in the vaunted coronavirus relief check distribution plans.
They figure the agency needs a $25 billion infusion, but the $2.2 trillion emergency bill recently signed by Trump allows USPS to borrow up to $10 billion. They attribute their inability to remain solvent to a dramatic decline in their business, but present no plan for reversing that trend.
There are some other issues in play, as the government is constitutionally required to provide postal services. And it's kind of weird that the politicians can somehow bail out airlines and a host of other things, yet have problems with the postal service.
