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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:

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

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

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  3. 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

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

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

    ReplyDelete

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