USPS Warns It Could Stop Delivering Mail in a Year Without Congress Action
TL;DR
USPS warns it could run out of money and may stop delivering mail within a year unless Congress intervenes, citing declining traditional mail revenue, six-day delivery mandates, and mounting losses. The Postmaster General says proposed options include reducing delivery days or raising prices, but legislative action is needed to avoid insolvency.
- USPS says it may not deliver mail in a year WSB-TV
- U.S.P.S. Postmaster Says Service Will Be ‘Out of Cash’ in Under a Year The New York Times
- The US Postal Service’s fiscal crisis Brookings
- USPS cutting delivery days ‘on the table,’ as agency runs out of cash, postmaster general tells lawmakers Federal News Network
- USPS wants to raise first-class stamp price to as high as 95 cents CBS News
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