Congresswoman Alexandria Ocasio-Cortez (D-NY) and her Democratic colleagues, Sen. Kirsten Gillibrand (D-NY) and Reps. Bill Pascrell (D-NJ) and Marcy Kaptur (D-OH), on Thursday unveiled a “postal banking” bill that would expand the United States Postal Service. Ocasio-Cortez suggested the agency’s expansion would fix a host of issues for low-income Americans in both urban and rural areas.
The bill is likely to cause more harm than good.
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