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Mark Levin
Weekdays 6-9PM
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On Air Now

Mark Levin
Weekdays 6-9PM

Postal Service loses $2.2B in 3 months as virus woes persist

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U.S. Postal Service carrier Amy Bezerra loads mail, including an Amazon package, into her delivery pouches along her route in suburban Denver. Xxx Th Mail Carrier Coronavirus 2020 284

WASHINGTON (AP) — Financial losses are mounting at the U.S. Postal Service during the coronavirus pandemic.

The agency said Friday it lost $2.2 billion in the three months ending in June. Officials warn the losses could top $20 billion over two years.

Postmaster General Louis DeJoy calls the agency’s financial position “dire.″ DeJoy’s comments are his first public remarks since taking the top job in June.

The Postal Service is seeking an infusion of at least $10 billion to cover operating losses as well as changes to how it funds retiree health benefits.

Lawmakers are calling on the Postal Service to reverse operational changes that are causing delivery delays.

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