WASHINGTON — The head of the U.S.PostalService told Congress this week the agency could run out of money in October or November if it continues to make required retirement and other payments to the government ... .
... the PostalService's long-term financial stability, including our support for the Postal Service Reform Act of 2022.That's why we spent more than a year working toward a new, long-term agreement.
The head of the US PostalService has warned lawmakers that the storied 250-year-old agency is at a “critical juncture” and will run out of cash in less than a year unless Congress allows it to borrow more money and charge more for postage.