Postmaster General Louis DeJoy will soon request a $40 billion investment into the cash-strapped U.S. Postal Service for organizational and workforce improvements, saying the money will help address longstanding challenges the mailing agency faces.
The funds would go toward infrastructure updates such as larger facilities and new package sortation equipment, DeJoy told a panel of the House Appropriations Committee on Thursday, and reducing turnover in the USPS workforce. The postmaster general did not specify where the money would come from. DeJoy and his predecessors have consistently warned about the Postal Service’s inadequate cash-on-hand, meaning he could approach Congress for additional appropriations. USPS does not typically receive federal funding, though lawmakers did award it a $10 billion grant as part of a COVID-19 relief bill last year.