A $10 billion loan to the United States Postal Service was included in the third coronavirus relief bill, which passed the Senate late Wednesday night. Supporters of the loan claim that the service is in danger of going bankrupt in the next few months.
But the Postal Service’s fiscal crisis does not relate to the pandemic at all. In fact, it has been hurtling toward bankruptcy for years. As with most chronic problems related to the federal government, Congress has refused to act, placing short-term political considerations ahead of the nation’s long-term needs.
Congress kicked the can as far as it could. Now it must face reality and address the viability of the Postal Service.