Last summer, Republicans in Congress agreed to increase the federal debt limit in exchange for the Democrats’ pledge to cap future spending at agreed-upon levels. The compromise was embodied in the Budget Control Act; discretionary spending was to increase by no more than $7 billion in the current fiscal year.
So, what happened? Well, USPS needed more fake money (about $34 billion) and that would have blown away the cap.
So, just under two-thirds of the esteemed gentlemen and gentlewomen said “We don’t need no stinking BCA” and declared the salvation of the postal system to be more important than stopping the nation’s fiscal hemorrhage.