The U.S. Postal Service is often the butt of jokes, but there's nothing funny about the agency's bottom line. The USPS is losing up to $25 million dollars a day. Until now, taxpayers have not been on the hook for its mounting losses, but that could be about to change. A bailout recently approved by the Senate would appropriate $34 billion in federal money. TAXPAYER CALCULATOR: Postal Service overhaul "If the post office was a business, it would be in bankruptcy," said Rep. Dennis Ross, R-Fla. "It's insolvent. Read more: It's All Your Money: Taxpayers may be on hook for US Postal Service losses | Fox News They just need to get out of business and let a private enterprize do what they cannot seem to do.