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The US Postal Service is on track to run out of money by June, and it could be a disaster for states trying to expand voting by mail

The US Postal Service is on track to run out of money by June, and it could be a disaster for states trying to expand voting by mail
Carlos Barria/Reuters



The ongoing COVID-19 outbreak in the United States has plunged the US Postal Service into dire financial straits.




It could severely impact the 2020 elections as states pivot to vote by mail.




Two Democratic lawmakers who oversee the Postal Service warned in late March that the agency "will not survive the summer without immediate help from Congress and the White House."




The stimulus package President Trump recently signed into law allows the post office to borrow up to $10 billion from the US Treasury, but did not provide emergency funding or debt relief.




One election expert told Insider she is confident in the Postal Service's ability to process more ballots.




Visit Business Insider's homepage for more stories.



The ongoing COVID-19 outbreak in the United States has plunged the US Postal Service into dire financial straits, as more Americans than ever rely on post offices to deliver necessary medicine and supplies, especially in underserved rural areas.
And as the coronavirus crisis has pushed over a dozen states to postpone their presidential primaries, move to conduct them entirely by mail, or both, the Postal Service's lack of funding could impact ongoing and upcoming 2020 elections by harming states' efforts to expand absentee voting and vote-by-mail.
House Oversight Committee Chairwoman Carolyn Maloney and Rep. Gerry Conolly, who runs the subcommittee that oversees the Postal Service, sounded the alarm that the agency could run out of funding altogether by June if Congress doesn't act soon.
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