File:!PostOffice !mailinballot House passes USPS Rescue Bill $25 billion.webm

English: ⚡️QUESTION - Does your state allow you to vote by mail?

📗 Show Notes ➡️ 2:07 Postmaster General DeJoy's original cost-cutting measures 5:50 Review of USPS Quarter 3 financials 6:45 What's on Nancy Pelosi's mind? 10:00 Voting tips

The House on Saturday August 22, 2020 passed legislation that would prevent the U.S. Postal Service from making any changes to its operations that could slow delivery of mailed-in ballots for this fall’s elections. The bill passed largely along party lines, 257-150, with 26 Republicans bucking party leaders to support it. The rare Saturday vote came after Postmaster General Louis DeJoy announced earlier this week that he would suspend cost-cutting measures until after the November elections. The proposal would prevent the Postal Service from making any operational changes that would result in reduced service – such as removing mail-sorting machines, restricting overtime pay or handling election mail as anything other than first-class for prioritized delivery – until after the November election. It would also provide $25 billion for Postal Service operations, which is an amount originally recommended by the agency’s board of governors. House Democrats also included the funding in the $3.4 trillion coronavirus relief package that they passed in May.

FINANCES: "OPERATING REVENUE AND VOLUME The combined categories of First-Class Mail and Marketing Mail have historically provided the majority of our revenue, despite long-term trends away from traditional paper communication and correspondence to electronic media. This migration to electronic media has resulted in significant volume declines in First-Class Mail over the last decade, and significant volume declines in Marketing Mail over the last three years, aside from a Marketing Mail volume rebound between the second half of 2018 through the first quarter of 2019 driven by increases in political and election mail associated with the calendar year 2018 mid-term elections. The COVID-19 pandemic has further exacerbated these systemic declines, and when combined with the increased Shipping and Packages volume from the surge in e-commerce, resulted in significant shifts in results among our service categories during the third quarter.

For the three months ended June 30, 2020, First-Class Mail generated approximately 31% of operating revenue, a 3% decrease in percentage points compared to the same period last year, and approximately 45% of our volume, a 6% increase in percentage points compared to the same period last year. Marketing Mail generated approximately 14% of operating revenue, a 9% decrease in percentage points compared to the same period last year, and approximately 42% of our volume, a 10% decrease in percentage points from the same period last year."

H.R. 8015 https://oversight.house.gov/sites/democrats.oversight.house.gov/files/documents/BILLS-116HR8015-RCP116-61.pdf

10Q for 3rd Quarter for 2020 FY https://about.usps.com/what/financials/financial-conditions-results-reports/fy2020-q3.pdf

May 16, 2020, House passed the Heroes Act, which funded USPS 25 billion, but Senate to this day has not passed their version.

Tags: #USPSrescue #PostOffice #Stopgapbill #RescueBill #MailinBallot #Vote2020 #Trump #Biden #NancyPelosi

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