5 天on 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 ...
United States Postmaster General David Steiner told Congress last week that the Postal Service will be “out of cash in less ...
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 ...
5 天on MSN
US Postal Service will run out of cash within a year without Congress’ help, postmaster warns
The head of the US Postal Service has warned lawmakers that the storied 250-year-old agency is at a “critical juncture” and ...
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 borrow more money, the new postmaster general warned in an interview.
Postmaster General David Steiner is testifying before the House Oversight and Government Reform Committee on Tuesday ...
Postmaster General David Steiner told Congress that the U.S. Postal Service would be out of money in less than a year.
3 天on MSN
USPS already lost $1.3 billion this year — and cash shortages might halt mail delivery in 2027
The mail may soon stop — and not because it’s lost in transit. The cash-strapped United States Postal Service is barreling ...
The clock is ticking on the United States Postal Service. “We have huge problems at the post office,” Virginia Senator Mark ...
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 ...
The U.S. Postal Service can’t fix its finances through cuts alone, Postmaster General David Steiner said Friday. Steiner said the 150-year-old agency needs to expand its revenue base to restore ...
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