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US Postal Service seeks reforms as it reports $9 billion yearly loss
- On Friday, the U.S. Postal Service reported a $9 billion net loss in fiscal 2025 and asked Congress and the Postal Regulatory Commission for greater regulatory flexibility, with Postmaster General David Steiner affirming adherence to the 10-year reform plan.
- Higher compensation and retirement costs, including incentives for over 10,000 employees, have driven USPS's long-term deficit, alongside international mail declines, with the UN reporting an 80% drop.
- The agency boosted package-processing capacity in recent years and plans to hire 14,000 seasonal employees this year while USPS raised the price of a first-class stamp to 78 cents in July.
- A board departure next month will reduce USPS Board composition to four of nine seats as the Postal Regulatory Commission and a bipartisan group urge restraint over reform plans.
- USPS has asked for changes to its $15 billion Treasury borrowing limit, which board leaders say needs updating, while seeking pension investment flexibility and preparing for the peak holiday season to boost fiscal 2026.
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USPS sees $9 billion net loss in FY 2025, renews push to borrow more from Treasury
The Postal Service is seeing deeper financial losses than expected this year, but does not expect to veer much from a 10-year reform plan that it is nearly midway through completing. USPS, however, is far from the plan’s “break-even” goal, and is calling on Congress and the Trump administration to take a familiar wish list of reform efforts that are outside the agency’s control. The agency saw a $9 billion net loss in fiscal 2025 — significantly…
Coverage Details
Total News Sources12
Leaning Left3Leaning Right1Center6Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
L 30%
C 60%
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