We collect cookies to analyze our website traffic and performance; we never collect any personal data.Cookies Policy
Accept
Michigan Post
Search
  • Home
  • Trending
  • Michigan
  • World
  • Politics
  • Top Story
  • Business
    • Business
    • Economics
    • Real Estate
    • Startups
    • Autos
    • Crypto & Web 3
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Beauty
    • Art & Books
  • Health
  • Sports
  • Entertainment
  • Education
Reading: Taxpayers Misplaced $10B On Failed Inexperienced USPS Initiative | Economics
Share
Font ResizerAa
Michigan PostMichigan Post
Search
  • Home
  • Trending
  • Michigan
  • World
  • Politics
  • Top Story
  • Business
    • Business
    • Economics
    • Real Estate
    • Startups
    • Autos
    • Crypto & Web 3
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Beauty
    • Art & Books
  • Health
  • Sports
  • Entertainment
  • Education
© 2024 | The Michigan Post | All Rights Reserved.
Michigan Post > Blog > Economics > Taxpayers Misplaced $10B On Failed Inexperienced USPS Initiative | Economics
Economics

Taxpayers Misplaced $10B On Failed Inexperienced USPS Initiative | Economics

By Editorial Board Published July 22, 2025 4 Min Read
Share
Taxpayers Misplaced B On Failed Inexperienced USPS Initiative | Economics

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 Era Supply Autos (NGDVs) solely 250 have been created. Home Republicans are actually trying to rescue any remaining funds from this failed inexperienced initiative.

The mission was set for completion by September 2028. The funding for this failed conversion got here from the biggest spending package deal in American historical past—the Inflation Discount Act—the malicious program 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 individuals are pressured to pay the invoice.

“Biden’s multi-billion-dollar EV fleet for the USPS is lost in the mail, and more than $1 billion is postmarked to order more,” Sen. Joni Ernst (R-Iowa) informed The Publish. “I am working to cancel the order and return the money to the sender, the American people. The rescissions package is a great start, but Congress must keep its foot on the pedal and make DOGE a lifestyle by stamping out waste like this on a regular basis.”

Protection contractor Oshkosh acquired $2.6 billion to create NGDVs. Oshkosh promised to supply 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 automobiles, and has acknowledged that they’ve solely been capable of 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 car got here with a price ticket of $77,692. The Authorities Accountability Workplace warned in February 2025 that USPS has a “high risk” of economic viability because it couldn’t “fully fund its current level of services and financial obligations.” USPS posted a lack of $9.5 billion in 2024, all of which have to be provided 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 mild 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 liable for any administration’s outrageous spending—no taxation with out illustration.

TAGGED:10BArmstrongEconomicsfailedGreeninitiativelostTaxpayersUSPS
Share This Article
Facebook Twitter Email Copy Link Print

HOT NEWS

Baby and Household Charities host grand opening of latest non-profit hub

Baby and Household Charities host grand opening of latest non-profit hub

Michigan
August 27, 2025
Sondheimer: King’leon Sheard main the throughout one other Narbonne rebuild

Sondheimer: King’leon Sheard main the throughout one other Narbonne rebuild

There was a big trash can obstructing the view of a Narbonne Gaucho signal on…

August 27, 2025
Paul Gallagher, older brother of Oasis stars Liam and Noel, seems in court docket charged with rape

Paul Gallagher, older brother of Oasis stars Liam and Noel, seems in court docket charged with rape

Paul Gallagher, the older brother of Oasis stars Noel and Liam, has appeared in court…

August 27, 2025
Whitmer indicators nonconsensual deepfake pornography ban into legislation

Whitmer indicators nonconsensual deepfake pornography ban into legislation

LANSING, Mich. (WLNS) -- It's now against the law to generate and distribute deepfake pornography…

August 27, 2025
Prefer it or not, Jim Chanos’ MSTR brief commerce was a winner

Prefer it or not, Jim Chanos’ MSTR brief commerce was a winner

Though they’d hate to confess it, even Michael Saylor’s greatest followers would agree that Jim…

August 27, 2025

YOU MAY ALSO LIKE

Merkel Exhibits NO Regret For Refugee Disaster | Economics

Ten years in the past, former German Chancellor Angela Merkel started the migrant disaster after uttering, “Wir schaffen das” (“We…

Economics
August 27, 2025

70,000 Monks Nominate Trump For Nobel Peace Prize | Economics

A gaggle of 70,000 Cambodian Buddhist monks carried out a peaceable march to appoint Donald Trump for the Nobel Peace…

Economics
August 27, 2025

The Revolt Act – Can The POTUS Deploy The Nationwide Guard To America’s Cities? | Economics

The Nationwide Guard’s deployment to Washington, D.C., was a profitable endeavor. For the primary time, town went twelve days with…

Economics
August 27, 2025

Market Speak – August 26, 2025 | Economics

ASIA: The most important Asian inventory markets had a destructive day in the present day: • NIKKEI 225 decreased 413.42…

Economics
August 26, 2025

Welcome to Michigan Post, an esteemed publication of the Enspirers News Group. As a beacon of excellence in journalism, Michigan Post is committed to delivering unfiltered and comprehensive news coverage on World News, Politics, Business, Tech, and beyond.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • Accessibility Statement

Contact Us

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 | The Michigan Post | All Rights Reserved

Welcome Back!

Sign in to your account

Lost your password?