As part of their recently proposed 10-year strategic plan to return to financial solvency, the United States Postal Service has outlined its intent to slow down delivery standards and raise prices.
The current standard for first-class mailings is a maximum of three days. Under the recent proposal, that number would extend to a maximum delivery time of five days. Postal officials said that a majority of their first-class business would continue arriving within three days even with the proposed extension.
USPS Postmaster General Louis DeJoy said that without these changes, the service would require another "government bailout." Over the course of the last 13 years, the USPS has lost almost $87 billion.
House Speaker Nancy Pelosi criticized the plan put forth by DeJoy, the outspoken Trump supporter, but said that Congress would see to it that the USPS has sufficient financial resources "to serve the American people."
🔦 The USPS recently announced a major upgrade to its outdated fleet of delivery trucks, with the new fleet scheduled to be in use by 2023.