Trump threatens to block coronavirus funding for USPS if they don’t raise prices
4.24.2020 – FOX News reports: “President Trump on Friday threatened to block financial help to the USPS unless it raises package shipping prices on retail giants like Amazon. “The postal service is a joke,” Trump told reporters in the Oval Office, adding that he thinks they “should raise the price of a package by approximately four times.” – Rolando Responds – APWU: Shame on them – Mnuchin says he looks forward to seeing the postal board recruit a new postmaster general and executing on postal reform – Trump later tweets that he would never let the Postal Service fail – Comments (Count)
Coronavirus is Threatening One of Government’s Steadiest Services: The Mail
4.09.2020 – NY Times reports: “Megan J. Brennan, the postmaster general, told lawmakers on the House Oversight and Reform Committee that the agency would need $25 billion in federal grants to cover lost revenue from the pandemic, plus an additional $25 billion to update aging infrastructure. Another $14 billion is needed to pay off long-term debt related to a retirement benefits program, along with $25 billion in unrestricted borrowing authority, she said, according to officials familiar with the information she shared privately.” – FOX: NALC: Postal Service on Verge of Shutting Down – CBS: Could run out of money by October – GovExec: USPS Requests $75 Billion in Emergency Funds to Keep Agency Alive – Comments (Count)
Lawmakers Renew Their Plea for a Postal Service Bailout
4.08.2020 – FedSmith reports: “One Postal Service estimate shows that the additional borrowing authority would enable it to operate only through the end of this summer. As the coronavirus continues to worsen, the Postal Service projects a possible 50% decline in mail volume between now and the end of the current fiscal year,” stated the letter.” – Comments (Count)
USPS reports postal employees’ deaths from coronavirus, ‘not immune’ to financial downturn
4.01.2020 – Federal News Network reports: “With the Postal Service now tracking the deaths of its employees from the coronavirus pandemic, in addition to a growing list of those who have tested positive for the virus, the agency is doing everything it can to continue normal operations — even in the most extraordinary circumstances. The USPS Board of Governors held a moment of silence Wednesday for postal employees who have died of complications from COVID-19, the illness caused by the current strain of the virus.” – Comments (Count)