Trump Declares Himself the Law in Fight With Democratic Governor

That trend has continued through the decade, though the agency’s losses have been slightly less egregious. In November, USPS said it had lost $9.5 billion in the prior fiscal year—$3 billion more than it did in 2023—blaming noncash contributions to workers’ compensation for the bulk of the deficit.

The agency, which is in the midst of a 10-year overhaul, has reportedly made regaining its financial footing a chief priority. Still, the path ahead is not an obvious one. In November, Postmaster Louis DeJoy (a Trump appointee) warned that there would be “many economic, legislative, and regulatory obstacles for us to overcome.”

Meanwhile, Trump and his allies are slashing and hacking federal programs in order to afford an extension to his 2017 tax plan, which will overwhelmingly benefit corporations and is projected to add as much as $15 trillion to the national deficit.