Postal Service has lost money for 13 years, package delivery is not the reason. Still, federal regulators have reviewed the Amazon contract with the Postal Service each year and found it profitable. To become financially stable, the Postal Service has urged Congress for years to give it relief from the mandate to prefund retiree health benefits. THE FACTS: Trump offered no evidence of broad mismanagement at the Postal Service that dates back 50 years. The Postal Service started losing “billions,” as Trump put it, after the 2006 law mandating health prefunding took effect.

Source: ABC News August 22, 2020 12:21 UTC