1. Short title This Act may be cited as the Postal Service Emergency Assistance Act . 2. Findings The Congress finds the following: (1) By law, the Postal Service operates as a basic and fundamental service provided to the people by the Government of the United States and must serve rural, suburban, and urban areas throughout the United States. (2) The Postal Service is a lifeline for businesses and consumers across the United States, especially those in remote and rural areas of the country, delivering business correspondence, educational, cultural and scientific information, critical prescriptions and medications, household items, and commercial goods with affordable, reliable service not fewer than 6 days per week. (3) The Postal Service helps small businesses stay connected with their customers no matter where they are located or where their customers live. (4) Since 1970, the Postal Service has been charged with operating as a self-sustaining entity and its operations are funded from postage paid for mail and shipping and not primarily by taxpayer funds. (5) The Government Accountability Office reports that the Postal Service has lost approximately $78,000,000,000 from fiscal year 2007 through 2019 due primarily to declining mail volumes and rising costs. (6) Package delivery volumes have more than doubled since 2010, but the Postal Service faces competition in this area. (7) The Postal Service is not on a sustainable path and needs reform to be viable over the long term. (8) Reforms must be focused on the long-term solvency of the Postal Service while ensuring the greatest benefit to the public and 630,000 employees of the Postal Service. (9) By law, the authority for operation and strategic direction of the Postal Service, an independent establishment of the executive branch, is delegated to the Board of Governors of the Postal Service, including the Postmaster General. (10) On May 6, 2020, the Board of Governors of the Postal Service selected Louis DeJoy as the 75th Postmaster General of the United