April 24, 2020 02:29 PM UTC

Trump Demands U.S. Postal Service Quadruple Prices

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• by: Colorado Pols

We didn’t like the headline in this story from The Washington Post, so we fixed it:

No, seriously. Read the story and tell us we’re wrong:

President Trump said Friday he would not approve an emergency loan for the U.S. Postal Service if it did not immediately raise its prices for package delivery.

“The Postal Service is a joke,” Trump told reporters responding to a Washington Post report on the Treasury Department’s plans to extract concessions from USPS in exchange for a line of credit Congress approved to aide the agency during the coronavirus pandemic. “The Post office should raise the price [of package delivery] four times.” [Pols emphasis]

Trump recently signed a law that allowed the cash-strapped agency to borrow $10 billion from the Treasury Department. The Post has reported that the White House wants to force changes at the Postal Service as part of the terms of the loan.

Trump confirmed Friday that rate increases would be among those conditions, and that he would not allow Treasury Secretary Steven Mnuchin to approve the loan without them.

In the middle of a deadly pandemic that has upended American life, President Trump is DEMANDING that the U.S. Postal service immediately quadruple what it charges customers for its package delivery service. This should go over real well.