President-elect Donald Trump is reportedly considering privatizing the U.S. Postal Service in a bid to prevent taxpayers from covering billions of dollars in losses.
Three people involved responded to the interview. washington post President Trump expressed interest in reforming the Postal Service during a meeting with Commerce Secretary candidate Howard Lutnick at Mar-a-Lago, the report said, speaking on condition of anonymity.
“Throw money away.”
A source told the Post that President Trump discussed privatizing the USPS with a group of presidential transition officials earlier this month.
President Trump reportedly pointed to the Postal Service's huge financial losses and argued that taxpayers should not subsidize the Postal Service.
The president-elect's Department of Government Efficiency also reportedly discussed changes to the post office.
Economist Casey Mulligan told the Post: [other] Carrier services, which were legalized in the 70s, are working much better with increased traffic and lower costs. ”
“We didn't get the job done last term, but we should get it done now,” Mulligan declared.
In fiscal year 2024, the Postal Service posted a loss of $9.5 billion, an increase of $3 billion from the previous year's loss. The post office has nearly $80 billion in debt, according to financial records.
Just two years ago, Congress provided $107 billion worth of relief to the USPS.
Last week, Rep. Marjorie Taylor Greene (R-Ga.) criticized the Postal Service for spending $10 billion to equip electric delivery trucks.
“Defense contractors were supposed to build 80 a day, but they've only built 93 in almost two years.”[s]” Green wrote. post “This is a Democratic Green New Deal scam that is throwing money down the drain. It has to stop!
Ahead of November's presidential election, a group of state and local election officials across the country sent a joint letter to U.S. Postal Service Postmaster General Louis DeJoy, accusing the postal service of failing to improve “pervasive” delivery problems. He expressed concern that there is no such thing.
The letter states that election officials in all 50 states are addressing issues such as “processing facility operations, lost or delayed election mail, and lack of front-line training that impacts USPS' ability to timely and accurately deliver election mail.” Serious questions are being raised.”
The Postal Service has invested in a 10-year modernization plan that it claims has saved it 45 million hours of work and cut transportation spending by $2 billion over the past few years.
A spokesperson told the Post: “The U.S. Postal Service is already working to ensure that we can provide a high level of service to our customers at least six days a week to every delivery address in the country.” and economically sustainable fashion. ”
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