U.S.P.S. Postmaster Says Service Will Be ‘Out of Cash’ in Under a Year
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
The US Postal Service is facing a cash crisis, with the postmaster warning that the service will run out of cash within a relatively short timeframe without congressional help. However, the exact timeline is unclear, with some reports suggesting this could happen as soon as within a year, while others mention 2027 or note that the crisis has been delayed until at least 2031. The postal service is seeking assistance from Congress to address its financial woes.
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