USPS Could Run Out of Cash Within a Year
1:41
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USPS Could Run Out of Cash Within a Year
Postmaster General David Steiner warned Congress the Postal Service could run out of cash within a year. The agency lost $9 billion in 2025 and $9.5 billion in 2024. First-class mail volume has dropped by more than half since 2006. USPS has reached its $15 billion statutory borrowing limit. The Postal Service is required, by law, to deliver to ...
25.1K views1 month ago
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The U.S. Postal Service is on track to run out of cash within a year unless Congress lets it borrow more, according to Postmaster General David Steiner.
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