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