The Postmaster General warns USPS could run out of cash by 2027, potentially raising first-class stamp prices to 95 cents.
"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 ...
“At our current rate, we’ll be out of cash in less than 12 months," Postmaster General David Steiner said ...
The U.S. Postal Service faces massive losses and may run out of money next year, prompting a congressional hearing and debate over its priorities.
During a hearing, officials testified that the Postal Service will likely run out of money without congressional intervention ...
Steiner said the financial strain is tied to the agency’s universal service obligation, a requirement that the Postal Service ...
The USPS is at it again—new postage rates are scheduled to go into effect on Sunday, July 13, 2025. These rate increases impact First-Class Mail, Marketing Mail, and Nonprofit Mail, ...
Congress and the postal service are discussing if reducing delivery days, increasing stamp prices, closing rural offices, or ...