gemini104104
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President Biden signed this bill into law that saves the USPS by eliminating atrocities of a repuke era of attempting to destroy the integrity of the USPS which is a direct attack against an independent agency of the executive branch of the United States federal government responsible for providing postal service in the United States, including its insular areas and associated states:
WASHINGTON, April 6 (Reuters) - President Joe Biden on Wednesday signed legislation to provide the U.S. Postal Service with about $50 billion in financial relief over a decade, paving the way for future reforms as the service aims to overturn years in the red.
Struggling with diminishing mail volumes despite having to deliver to a growing number of addresses, USPS has reported net losses of more than $90 billion since 2007. In February, it booked a quarterly net loss of $1.5 billion.
"The Postal Service is central to our economy and central to rural America," Biden said at a White House ceremony.
The new bill enacts some measures proposed by Postmaster General Louis DeJoy in a March 2021 reform plan that aims to eliminate $160 billion in predicted losses over the next decade."
https://www.reuters.com/world/us/us-postal-service-plans-raise-prices-first-class-mail-2022-04-06/
WASHINGTON, April 6 (Reuters) - President Joe Biden on Wednesday signed legislation to provide the U.S. Postal Service with about $50 billion in financial relief over a decade, paving the way for future reforms as the service aims to overturn years in the red.
Struggling with diminishing mail volumes despite having to deliver to a growing number of addresses, USPS has reported net losses of more than $90 billion since 2007. In February, it booked a quarterly net loss of $1.5 billion.
"The Postal Service is central to our economy and central to rural America," Biden said at a White House ceremony.
The new bill enacts some measures proposed by Postmaster General Louis DeJoy in a March 2021 reform plan that aims to eliminate $160 billion in predicted losses over the next decade."
https://www.reuters.com/world/us/us-postal-service-plans-raise-prices-first-class-mail-2022-04-06/
