Common Dreams - The U.S. Postal Service warned Congress this week that it will
completely "run out of cash" in the next several months without
immediate action from the White House and Congress, but—with as many as 630,000 jobs at risk—President Donald Trump and Republican lawmakers have refused to commit to rescuing the prized government institution as it falters amid the coronavirus pandemic.
Postmaster General Megan Brennan told the House Oversight and Reform Committee in a briefing
on Thursday that the USPS will need access to a total of $75 billion in
cash, grants, and loans in order to avert financial ruin by the fall.
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