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House rescue package includes $25 billion for Postal Service

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www.clickorlando.com

WASHINGTON – A new coronavirus aid package released by House Democrats includes $25 billion for the cash-strapped U.S.

Postal Service, which is expected to run out of money by the end of September without additional support from Congress because it’s losing so much revenue during the pandemic.

The bill released Tuesday also would repeal several restrictions on a $10 billion line of credit for the Postal Service authorized in a previous economic rescue law.

The House is expected to vote on the package as soon as Friday, but Senate Majority Leader Mitch McConnell has said there is no “urgency" for the Republican-controlled Senate to act.

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