Postmaster General David Steiner told Congress that the U.S. Postal Service would be out of money in less than a year.
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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 ...
Postmaster General David Steiner is testifying before the House Oversight and Government Reform Committee on Tuesday ...
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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 ...
The U.S. Postmaster General said central and southern Illinois is particularly problematic. U.S. Rep. Nikki Budzinski, ...
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.
USPS Postmaster General David Steiner said raising the price of stamps would "largely solve" the agency's financial woes.
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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 toward a financial cliff, with Postmaster General David Steiner warning ...
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 postmaster general warned Congress this week that the USPS would run out of money in 12 months if things don't change.
USPS, which delivers to more than 170 million U.S. addresses, has a borrowing cap of $15 billion and has already hit that ...
Postmaster General David Steiner told lawmakers the main issue is a rule requiring mail delivery to every address, no matter ...
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