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

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 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.

Postal Service Running Out Of Money. Bug Or Feature?

The U.S. Postal Service runs 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 said. If it not, the Postal Service might not be able to pay its employees or vendors by February 2027, with potentially dire consequences for mail delivery, Postmaster General David Steiner told The Associated Press. “How long are employees going to work and vendors going to show u…

US Postal Service Faces Cash Crisis by 2027, Postmaster General Warns

The U.S. Postal Service is on track to run out of cash within a year unless Congress lets it borrow more US Postal Service Faces Cash Crisis by 2027, Postmaster General Warns.