The USPS needs the money because the pandemic hit it hard in fiscal 2020, which ended Sept. 30, its year-end report showed. Revenue rose by $2 billion, to $73.1 billion, but operating expenses also increased, by $2.3 billion, to $82.2 billion, Trump-promoted Postmaster General Louis DeJoy reported. First class mail volume dropped by 4.2%, but the number of packages rose by 25.8%.
“These figures, driven by the economic shutdown’s impact on first-class mail, show the need for federal assistance during the pandemic, just as other sectors have received,” Letter Carriers President Fredric Rolando said. “Over the past eight months and counting, the United States Postal Service has demonstrated its essential value, with tens of millions of Americans sheltering at home during this public health crisis while postal employees deliver needed supplies, medications, and much more.”
“Meanwhile, the Postal Service has proven vital in protecting the core of our democracy—the right of citizens to choose their leaders—by facilitating an historic volume of mail ballots during that same health crisis. Perhaps never in its 245 years has the public post office been more indispensable to the country.”
That delivery effort came despite DeJoy’s pre-election actions to curtail voting by mail.