Postmaster General David Steiner told Congress that the U.S. Postal Service would be out of money in less than a year.
14don MSN
The USPS is nearing a financial breaking point, postmaster general warns: 'We were thrown an anchor'
"I like to say that we got thrown overboard and into the water. But, instead of tossing us a life jacket, we were thrown an ...
MiBolsilloColombia on MSN
$1 stamps and fewer deliveries? USPS weighs drastic changes
USPS is considering major changes, including $1 stamps and reduced delivery days, as it faces a severe cash shortage within the next year.
The postmaster general warned Congress this week that the USPS would run out of money in 12 months if things don't change. (AP photo) ...
Several House Republicans who played a critical role in passing reform legislation in 2022 said they were skeptical of providing further assistance to USPS.
USPS, which delivers to more than 170 million U.S. addresses, has a borrowing cap of $15 billion and has already hit that limit.
Fox Business on MSN
Postmaster general testifies on state of USPS
Postmaster General David Steiner testified before Congress on the current state of the U.S. Postal Service. (Pool) ...
Postmaster General David Steiner is testifying before the House Oversight and Government Reform Committee on Tuesday ...
7don MSN
Postal Service to implement first-ever fuel surcharge amid mounting fuel costs, financial challenges
USPS is reportedly planning its first-ever 8% fuel surcharge on packages starting April, as the agency faces a cash crisis ...
13don MSN
USPS May Not Deliver Mail in a Year and Could Run Out of Cash by 2027, Postmaster General Warns
“At our current rate, we’ll be out of cash in less than 12 months," Postmaster General David Steiner said ...
U.S. Rep. Nikki Budzinski, D-Springfield expressed continued concern to Postmaster General David Steiner during a committee ...
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