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House rescue package includes $25 billion for Postal Service

by Associated Press
| May 12, 2020 12:27 PM

WASHINGTON (AP) — A new coronavirus aid package released Tuesday by House Democrats includes $25 billion for the cash-strapped U.S. Postal Service, which could run out of money by the end of September without a taxpayer bailout. Mail volume is down by more than 30% from last year because of the pandemic, and the Postal Service says losses will increase by more than $22 billion over the next 18 months.

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