House Democrats: USPS Faces Imminent Crisis Due To Coronavirus Outbreak (From Linn’s Stamp News)

Linn’s Stamp News, in a story about Congressional Democrats’ efforts to expand financial assistance for the United States Postal Service (USPS), cited Lexington Senior Fellow Paul Steidler’s recent article on that topic.

Steidler argued against writing off USPS debt, warning it could set a precedent of putting taxpayers on the hook for USPS overruns. “While forgiving some debt might be reasonable in a ‘grand bargain’ of Postal Reform, forgiving the debt now just further kicks the can down the road,” he said. Steidler called on Congress to tackle postal reform before USPS faces a liquidity crisis.

Read the full article here.