US Postal Service expects to run out of cash in a year without help from Congress, postmaster says
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The US Postal Service may run out of cash within a year if it does not receive help from Congress, although there is some uncertainty about the timeline. To conserve funds, the service has restricted nonessential spending and is exploring other options, such as selling access to its delivery network. The postal service's financial situation is being discussed in a congressional hearing, with various solutions being considered to address its cash flow issues.
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