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Monday, April 13, 2020

Trump reportedly said he would reject a bailout package if it included aid to keep the US Postal Service functioning

President Donald Trump said he would refuse to sign the $2.2 trillion COVID-19 stimulus package if it contained funding for the United States Postal Service, according to a report Saturday from The Washington Post.

"We told them very clearly that the president was not going to sign the bill if [money for the Postal Service] was in it," a Trump administration official told the Post. "I don't know if we used the v-bomb, but the president was not going to sign it, and we told them that."

In addition to the senior White House official, The Washington Post reported a congressional official also confirmed the president threatened to refuse to sign the $2.2 trillion stimulus package known as the Coronavirus Aid, Relief, and Economic Security Act if it contained any relief money for the postal service.

As The Post reported, Sens. Gary Peters, a Democrat from Michigan, and Ron Johnson, a Republican from Wisconsin, added a last-minute $10 billion loan to keep the postal service function in the short-term. Treasury Secretary Steven Mnuchin had said lawmakers' plan to offer $13 billion in funding to the postal service could derail the entire package.

"You can have a loan or you can have nothing at all," Mnuchin said.

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6 comments:

Anonymous said...

It's time to let them go bankrupt and force restructuring. It's been 30+ years of gross mismanagement and negligence

Anonymous said...

Trump should reject any and all further bailouts. Open it up. That’s all we need

Anonymous said...

Ok so what exactkybare we trying to fix that the original $2.2 trillion didnt? If congress and the WH couldnt fix it with the first $2.2T I would think sane people would stand up and say "hell no" to any other plan that group develops

Anonymous said...

As he should.

Anonymous said...

Just more good news coming from this administration. IMHO - This administration is doing a spectacular job.

Anonymous said...

Why isn't the price of a stamp at least a dollar, no other company could provide the service any cheaper!