The United States Postal Service has been around for more than 200 years and is actually older than the United States. However, the organization that always makes it through rain, sleet, and hail may not make it through 2020. A law passed at the end of 2006, combined with the impact of the coronavirus pandemic, has led to most of the post office’s current woes. Here’s why the post office is $160 billion in debt.
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The Rise And Fall of USPS