US postal service will run out of money by February 2027, says agency chief
Source: US news | The Guardian · Bias: Center Left
Summary
Postmaster general David Steiner has called for change to federal law that caps USPS’s borrowing at $15bnThe US Postal Service will run out of funds within a year, unless lawmakers lift a cap on how much money the agency can borrow, according to the postmaster general.In an interview with the Associated Press, David Steiner warned that the postal service – which relies on stamps and service fees rather than tax dollars to deliver mail six days a week to every address in the country – would run out of cash for employees and vendors by February 2027. Continue reading...
Related Coverage
- Rare copy of US Declaration of Independence found by volunteer in UK archives (Center — BBC News)
- When Teen Chaos Meets a Country Afraid to Say No (Right — PJ Media)
- A Vietnam Nurse Who Came Home, Helped Get Us to 250 (Center Right — RealClearPolitics - Homepage)
- Unnerved ex-officials uncork stark analogy as Trump spy chief cleans house on 'deep state' (Far Left — Raw Story)
- Europe Has Replaced Most US Cuts Within NATO, Top Commander Says (Center — Bloomberg Politics)
- 'It's so hot' - Dangerous hot weather grips parts of the US (Center — BBC News)
- Warriors’ LeBron James free agency pursuit receives brutal reality check (Right — New York Post)
- Rich Paul reveals which teams LeBron James is considering in NBA free agency (Right — New York Post)
More Headlines From March 18, 2026
- Trump's new DHS pick, Markwayne Mullin, faces confirmation hearing (Center)
- Opinion | Let Schumer Enjoy the Houston TSA Line (Center)
- Russia Plans Naval Convoys for Merchant Ships, Putin Aide Says (Center)
- The "Squad" left faces complete wipeout in Illinois Democratic primaries (Center Left)
- President Trump Just ENDED Joe Kent’s Entire Career With One Brutal Screenshot of an Old Tweet (Far Right)








