WASHINGTON (GRAY DC) – Neither snow, nor rain, nor heat, nor pandemic will keep postal workers from delivering your mail.
The United States Postal Service is older than our country, but it is heading toward financial trouble. The service predicts it will run out of money in 2021.
Deciding how to save USPS is a complicated and decade-long fight in Washington. Some are calling for Congress to bail it out, but new leadership at the postal service could mean changes for the historic institution.
“If they run out of money, then how do you operate? How do you go to every address? How do you go every day? How do you do it at all?” American Postal Workers Union president Mark Dimondstein said.
Dimondstein wants the government to bail out the Postal Service. USPS currently funds its operations from sales revenue, not from taxpayers.
And while package revenue has increased over the years, revenue from first-class mail, like sending letters or bills, continues to drop.
USPS is now asking Congress for $75 billion to cover things like infrastructure upgrades and revenue lost from the pandemic.