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USPS has lost $78 billion since 2007 despite receiving billions from taxpayers every year. Democrats still want a bailout.

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That doesn't make sense

Photo by VALERIE MACON/AFP via Getty Images

A new government report shows the severity of the United States Postal Service's poor financial conditions and demonstrates the need for a long-term fix for the agency — not a bailout, as Democrats have suggested.

The report, released Thursday by the U.S. Government Accountability Office, found that the Postal Service's financial problems existed long before the COVID-19 pandemic and highlighted the need for Congress to step in and institute major reforms.

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