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Postal Service loses 2.2B in quarter as virus bites
The U.S. Postal Service reports a 2.2 billion dollar loss for the three months ending in June due to plunging mail volume and higher costs from the COVID 19 pandemic. Postmaster General DeJoy warns of possible 20 billion losses over two years without congressional action and seeks at least 10 billion in aid and regulatory changes to pre fund retiree health benefits.
MENTIONED IN THIS ARTICLE
Washington
U.S. Postal Service
Louis DeJoy
DeJoy
Postal Board of Governors
Congress
Postal Service
North Carolina
Donald Trump
Republican Party
Trump
Post Office
Schumer
Pelosi