The warning highlights long-standing financial issues facing the USPS, which operates differently from most federal agencies.
The head of the U.S. Postal Service told lawmakers that it would be “out of cash in less than 12 months” unless the agency is ...
The U.S.P.S. leader said at a hearing that the service could run out of cash within a year and asked lawmakers to increase ...
“At our current rate, we’ll be out of cash in less than 12 months," Postmaster General David Steiner said ...
The head of the US Postal Service has warned lawmakers that the storied 250-year-old agency is at a “critical juncture” and will run out of cash in less than a year unless Congress allows it to borrow ...
The U.S. Postal Service (USPS) head, David Steiner, has warned that the 250-year-old agency might soon run out of cash unless Congress steps in. He said the issue could be resolved if Congress allowed ...
Postmaster general warned that the agency could run out of cash by early 2027 without significant reform or increased borrowing authority ...
Recently appointed Postmaster General David Steiner said USPS may run out of funds by February 2027 without Congress' ...
Several House Republicans who played a critical role in passing reform legislation in 2022 said they were skeptical of providing further assistance to USPS.
The U.S. Postal Service's leader says it is set to run out of money in less than a year and may have to stop deliveries because of declining mail volume and what USPS sees as burdensome requirements.
The U.S. Postal Service will run out of cash within a year unless Congress lifts a decades-old cap and allows the agency to ...