Postmaster General Steiner warns Congress that USPS will run out of cash by early 2027
26 days ago
Postmaster General Steiner warns Congress that USPS will run out of cash by early 2027
Key Statements
“USPS could run out of money by October without reforms, higher stamp prices, and increased borrowing authority.”
Identifies the urgent October deadline and the specific policy changes requested by the USPS.
“USPS will run out of funds by February 2027 unless Congress raises the agency's $15 billion borrowing cap.”
Provides the specific dollar amount of the current borrowing limit that is at the center of the debate.
News
US Postal Service will run out of cash within a year without Congress' help, postmaster warns | CNN
US postal service will run out of money by February 2027, says agency chief
US Postal Service could run out of money as soon as October
The Postal Service may be out of cash in 2027 without Congress' help, postmaster says
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