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    Home»World Economy»Taxpayers Lost $10B On Failed Green USPS Initiative
    World Economy

    Taxpayers Lost $10B On Failed Green USPS Initiative

    The Daily FuseBy The Daily FuseJuly 22, 2025No Comments3 Mins Read
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    Taxpayers Lost B On Failed Green USPS Initiative
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    The US authorities wasted $10 billion in public funds trying to remodel the US Postal Service (USPS) right into a battery-powered service. Out of the 60,000 bought EV Subsequent Technology Supply Autos (NGDVs) solely 250 have been created. Home Republicans at the moment are trying to rescue any remaining funds from this failed inexperienced initiative.

    The undertaking was set for completion by September 2028. The funding for this failed conversion got here from the most important spending package deal in American historical past—the Inflation Discount Act—the computer virus to usher in a wave of local weather initiatives.  The American folks by no means voted on the Inflation Discount Act. The American folks by no means voted to remodel the USPS right into a green-friendly operation. And but, the American persons are pressured to pay the invoice.

    “Biden’s multi-billion-dollar EV fleet for the USPS is misplaced within the mail, and greater than $1 billion is postmarked to order extra,” Sen. Joni Ernst (R-Iowa) instructed The Put up. “I’m working to cancel the order and return the cash to the sender, the American folks. The rescissions package deal is a good begin, however Congress should maintain its foot on the pedal and make DOGE a way of life by stamping out waste like this frequently.”

    Protection contractor Oshkosh acquired $2.6 billion to create NGDVs. Oshkosh promised to offer 3,000 vehicles by November 2024 however had solely produced 93. Numerous points have been reported with these NGDVs, from leaks to airbags. Worse, Oshkosh was by no means outfitted to deal with the manufacturing of three,000 autos, and has said that they’ve solely been in a position to produce ONE truck per day. They’re now working to refine their manufacturing to create 80 vehicles per day. Once more, there have been different avenues and established factories.

    Every automobile got here with a price ticket of $77,692. The Authorities Accountability Workplace warned in February 2025 that USPS has a “excessive threat” of monetary viability because it couldn’t “absolutely fund its present degree of providers and monetary obligations.” USPS posted a lack of $9.5 billion in 2024, all of which should be equipped by the folks. So, along with the common losses, the previous administration was doubling down on asinine local weather initiatives and digging the company right into a deeper gap.

    The Biden Administration spent BILLIONS on investing in EV infrastructure that by no means got here to fruition. I spoke on how Biden accepted of a $7.5 billion spending package deal to construct EV charging stations all through the nation, however solely SEVEN have been produced in over a two-year span. His most up-to-date local weather debacle that got here to gentle rests on decarbonizing the Postal Service.

    Yet one more instance of presidency spending gone awry. They at all times create these grandiose plans with no format for execution. The American folks shouldn’t be accountable for any administration’s outrageous spending—no taxation with out illustration.



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