Monday, April 13, 2020

Will we continue to get our mail?

The U.S. Postal Service is telling us that it will "run out of cash" later this year unless the White House and Congress act. The problem is that the volume of mail has declined a lot due to the virus; ergo, their revenue is nowhere near budget. It needs $75 billion in cash, grants, and loans in order to avert financial ruin by the fall.

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