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Did the post office borrow money from the government?
Curiousunclegeorge
The USPS does borrow money from the US Treasury when the Postal Service runs a deficit. However, the USPS is suppose to break even, so the borrowed money will eventually be paid back through higher postal rates. The USPS actually ran surplusses in the 1990s, however, lately, it has had to raise postal rates almost every year to break even. The government also pays the Postal Service almost $100 million a year to cover government mailing costs.
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∙ 15y ago
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5 powers articles of confederation gave the national government?
- To coin money - Taxation - Credit to borrow money - To declare war - Post office & roads
Name four power congress has?
Navy- to provide and maintain a navypost office- to establish post offices and post roadscredit- to borrow money from the U.S. national banksfederal courts- to constitute tribunals inferior to the supreme court
Is the Post Office a store?
A United States Post Office is a government institution.
Who establish post office and roads?
The federal government for the post office and the federal/state for the roads.
What level of government is the post office?
federal
What level of government is a post office?
the federal
Can you get your money back from post office for unused postage stamps?
No, you can not resell your stamps back to the post office.
What is difference between bank and post office?
A bank handles money and a post office handles letters and packages.
What is Telegraphic Money Transfer?
the telegraphic money order allows the Post Office of the sender to send a telegram advice to the receivers post office for an additional fee.
Where do you deposit money on Animal Crossings?
The Post Office.
How do the post office make money?
The post office is not a for-profit organization. It makes money through federal funding, as well as shipping and handeling charges and postage. (stamps)
What are the seven powers mentioned in the articles of confederation?
The power to make war the power to make peace power to conduct foreigh policy power to run a post office power to ....the state for money, soldiers power to borrow money power to print money
