Money raised to pay for recounts goes to covering campaign debts, … The Post Office’s Problem Isn’t Trump Democrats cry sabotage. “The post office is literally going to run out of money because of this pandemic,” Dimondstein said. That's one frank admission that was made Wednesday by Postmaster General Patrick R. Donahoe, who blamed the government for preventing the post office from adapting to technological changes in the business world . “It’s a moment of crisis that brings us to a fork in the road. The USPS is losing billions because of the pandemic. Postal Service (USPS) had largely completed Post Office Structure Plan's (POStPlan) implementation prior to a 2014 POStPlan arbitration decision and expected millions in cost savings. 04/10/2020 06:29 pm ET Updated Apr 10, 2020 The Postal Service, On The Verge Of Collapse, Is Begging For Funding Everyone would feel the absence of the U.S. why is the post office losing money 2020; 07 Jan. why is the post office losing money 2020. About the post office losing a boat load of money, via Reason: […] Bernie And AOC Talk of Turning Post Office Into A Bank, But They Just LOST $2 Billion In Three Months May.11.2019 at 7:05 pm The U.S. The U.S. https://www.wbur.org/hereandnow/2020/04/21/us-postal-service-losing-money But mail volume is way down, and the USPS is losing billions of dollars. Where Trump’s recount fundraising dollars are really going. 2020 Elections. Al Root:The post office is always losing money, and it’s not even its fault. “In recent quarters, the Postal Service lost money, but mainly because of Byzantine accounting rules that required the post office to pre-fund retiree health care benefits. So here we are in 2020… Postal Service -- especially in a pandemic. Postal Service on Friday said its losses more than doubled to $4.5 billion in the quarter ending in March and warned the economic slowdown spurred by the spread of … The United States Postal Service is hemorrhaging money -- $25 million a day to be precise. All …