USPS warns cash crunch could force delivery cuts without congressional aid
TL;DR
USPS warns it will run out of cash within a year and may have to cut delivery days or close post offices unless Congress raises its Treasury borrowing limit (to $15B) and approves long-delayed investments, as mail volume falls and a GAO report labels the business model unsustainable; lawmakers are divided on relief, with some open to reforms and others urging tighter cost cuts, while USPS seeks higher prices on mail and packages to compete in a shrinking market.
- USPS cutting delivery days ‘on the table,’ as agency runs out of cash, postmaster general tells lawmakers Federal News Network
- The Postal Service may be out of cash in 2027 without Congress' help, postmaster says NPR
- Postmaster General Appeals for Help Avoiding Financial Disaster. Lawmakers Instead Focused on Waste. The New York Times
- US Postal Service could run out of money as soon as October Reuters
- The US Postal Service’s fiscal crisis Brookings
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