US Postal Service expects to run out of cash in a year without help from Congress, postmaster says

USPS could run 'out of cash in 12 months,' postmaster general says

Recently appointed Postmaster General David Steiner said USPS may run out of funds by February 2027 without Congress' assistance.

Without help, US Postal Service expects to run out of money in a year

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.

The Postal Service will run out of cash within a year, Postmaster General warns: 'We have to have a conversation with the American public'

“How long are employees going to work and vendors going to show up if we're not paying them?" David Steiner said.

USPS Could Run Out Of Funds Within A Year Without Congressional Action: Postmaster General

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

USPS Could Run Out of Funds in 1 Year Without Congressional Action: Postmaster General

U.S. Postal Service Postmaster General David Steiner said on March 4 that the service could run out of cash reserves within a year unless Congress removes a decades-old cap and allows the agency to borrow more money. If it doesn’t, the service risks not being able to pay employees and vendors as early as February 2027, Steiner told The Associated Press. “How long are employees going to work and vendors going to show up if we’re not paying them?”…

USPS expects to run out of cash in a year without help from Congress, postmaster says

Postmaster General David Steiner said running out of cash will mean the Postal Service will not be able to pay its workers or vendors, with potentially dire consequences for mail delivery.