COVID-19 Threatens USPS

COVID-19 Threatens USPS

(FinancialHealth.net) – The US Postal Service (USPS) employs hundreds of thousands of Americans. Those employees are still working to deliver mail in the middle of the COVID-19 pandemic. Some lawmakers are warning the country that all of those jobs may disappear as the Postal Service runs out of money.

On March 23, Chairwoman of the Committee on Oversight and Reform, Rep. Carolyn B. Maloney (D-NY), and Chairman of the Subcommittee on Government Operations, Rep. Gerry Connolly (D-VA), issued a joint statement about the crisis. The lawmakers said USPS could shut down as early as June if Congress doesn’t appropriate more money for the agency.

The US Postal Service employs roughly 500,000 people. Maloney and Connolly explained these employees “deliver vital goods and services.” In 2019, the USPS delivered more than a billion prescription drugs to American households. Now with the coronavirus pandemic forcing people to stay home, that number is set to grow.

Reps. Connolly and Maloney are asking Senate Majority Leader Mitch McConnell (R-KY) to pass emergency funding for the USPS.

They want Congress to provide $25 billion in relief to USPS, an elimination of the Postal Service’s debt and a requirement that the delivery of medications be prioritized.

Bipartisanship is vital if Americans want to save the USPS. It’ll be a lot harder for citizens to get the medication and other goods they need if the Postal Service shuts down. Further, hundreds of thousands of people depend on the agency for jobs. It would be a disaster if they were suddenly let go. That’s definitely not what we should have to worry about during a global pandemic.

~Here’s to Your Financial Health!

Copyright 2020, FinancialHealth.net

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