Researcher and Writer in Washington, DC

No, Trump is not trying to destroy the Postal Service


Over the weekend, #postalservice began trending on Twitter. That’s weird, seeing as the Post Office is, well, the Post Office. And I say that as someone who has spent 17 years studying postal policy. (Thank you for your sympathy.)

The Twitter-steria stemmed from a report that the Trump administration opposed giving the U.S. Postal Service (USPS) a bailout. House of Representatives Democrats had tried to slip a more than $30 billion bailout into the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). Trump and company rejected the bill and told Congress they beleaguered agency could have a $10 billion loan instead…(Read more)

Related Posts Plugin for WordPress, Blogger...
Similar posts
  • Pelosi and the Democrats again try to... Here we go again. This week, Speaker Nancy Pelosi and her Democratic colleagues dropped the $3 trillion “HEROES Act.” Like the last COVID-19 bill she pushed, the legislation is long — 1,815 pages — and has liberal hobby horses aplenty….(Read [...]
  • The exasperating politics of pensions... Across the United States, myriad pension and trust funds are in trouble. Serious trouble. The U.S Postal Service’s retiree health benefits fund is underfunded by $70 billion and will be depleted in 10 years. In Illinois, the state’s teacher pension fund is 60 percent underfunded. Kentucky’s public pension is so underfunded that some employers have to fork out [...]
  • The Postal Service’s $130 billion pro... The United States Postal Service has many troubles. Mail volume has plunged more than 30 percent since 2007. The agency, which was designed to be self-funding, has run deficits for many years. And earlier this year, the postmaster general told Congress the agency would run out of cash in 2024. If that happens, the USPS [...]
  • Elizabeth Warren declares war on char... Last month, Elizabeth Warren paid a visit to the National Education Association (NEA). She was doing what candidates always do: hunting for votes. So one can understand why she was there and why she wanted to please the union. But her comments on charter schools were an affront to any parent or anyone who cares [...]