Sanders knocks aid for cruise line while Postal Service flounders

Sanders knocks aid for cruise line while Postal Service flounders
© Greg Nash

Sen. Bernie SandersBernie SandersThe battle of two Cubas Coronavirus Report: The Hill's Steve Clemons interviews Rep. Ro Khanna Democrats gear up to hit GOP senators on DACA MORE (I-Vt.) took aim Monday at federal coronavirus aid to benefit the Carnival Cruise Line as the U.S. Postal Service (USPS) faces bankruptcy.

“How in the hell does Carnival, a cruise ship company that pays virtually no federal income taxes, receive a bailout, but the Postal Service, the most popular government agency in America, does not?” Sanders tweeted. 

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Sanders linked to a Wall Street Journal article reporting that as Carnival, the world’s largest cruise line operator, hemorrhaged money due to the coronavirus pandemic, the company was able to raise nearly $6 billion in bond markets from investors.

The Postal Service has projected a $13 billion deficit due to the pandemic even as its employees are classified as essential. The union that represents postal workers has said 1,219 have tested positive and 44 have died.

Congress issued $10 billion in loans to USPS in the $2.2 trillion CARES Act passed in March, but Treasury Secretary Steven MnuchinSteven Terner MnuchinHillicon Valley: Twitter flags Trump tweet for 'glorifying violence' | Cruz calls for criminal investigation into Twitter over alleged sanctions violations | Senators urge FTC to investigate TikTok child privacy issues On The Money: Senate Dems pump brakes on new stimulus checks | Trump officials sued over tax refunds | Fed to soon open small-business lending program Schumer slams Trump's Rose Garden briefing on China as 'pathetic' MORE reportedly rejected a Senate proposal with bipartisan backing that would have provided a bailout for the postal service.

President TrumpDonald John TrumpMichael Flynn transcripts reveal plenty except crime or collusion 50 people arrested in Minneapolis as hundreds more National Guard troops deployed Missouri state lawmaker sparks backlash by tweeting 'looters deserve to be shot' MORE has said USPS’s rates for package deliveries benefits companies like Amazon, and Treasury officials are reportedly considering leveraging the loan to alter what it charges for packages.