They are not asking for a bail out. They are asking Congress to let them close post offices and reduce staff. Don’t blame to post office. Unlike a regular under performing business they are hamstrung by “Congressional oversight.”
No, they are constrained because they have a poor, outdated and obsolete business model in an industry where demand has fallen sharply.
The delivering of paper mail from house to house via a mail carrier is no longer needed and the USPS should go the way of the businesses that made buggy whips, typewriters and 8-Track tapes.