The cash-strapped United States Postal Service is barreling toward a financial cliff, with Postmaster General David Steiner warning lawmakers the agency could run dry by October — and potentially halt mail delivery altogether by 2027 if Congress doesn’t step in.
“At our current rate, we’ll be out of cash in less than 12 months,” Steiner told the House Oversight Subcommittee on Government Operations on March 17.
“So in about a year from now, the Postal Service would be unable to deliver the mail.”
Translation: no stamps, no service.
But the bad news doesn’t stop at the mailbox.
The Postal Service may also be losing one of its biggest partners: Amazon.
More
nypost.com
“At our current rate, we’ll be out of cash in less than 12 months,” Steiner told the House Oversight Subcommittee on Government Operations on March 17.
“So in about a year from now, the Postal Service would be unable to deliver the mail.”
Translation: no stamps, no service.
But the bad news doesn’t stop at the mailbox.
The Postal Service may also be losing one of its biggest partners: Amazon.
More
USPS already lost $1.3 billion this year — and cash shortages might halt mail delivery in 2027
The mail may soon stop — and not because it’s lost in transit.
