The postmaster general warned Congress this week that the USPS would run out of money in 12 months if things don't change.

The head of the US Postal Service has warned lawmakers that the storied 250-year-old agency is at a “critical juncture” and ...

USPS Postmaster General David Steiner said raising the price of stamps would "largely solve" the agency's financial woes.

The U.S. Postal Service's leader says it is set to run out of money in less than a year and may have to stop deliveries ...

Steiner made those comments while testifying before the House Oversight Subcommittee on Government Operations, which oversees ...

Postmaster General David Steiner is testifying before the House Oversight and Government Reform Committee on Tuesday ...

Several House Republicans who played a critical role in passing reform legislation in 2022 said they were skeptical of providing further assistance to USPS.

The U.S. Postal Service will tell Congress on Tuesday it faces a serious financial crisis and will run out of cash in less ...

USPS, which delivers to more than 170 million U.S. addresses, has a borrowing cap of $15 billion and has already hit ​that ...

Postmaster general David Steiner has called for change to federal law that caps USPS’s borrowing at $15bn ...

If it continues business as usual, the U.S. Postal Service is on track to run out of cash for paying its workers and vendors in about a year and may have to stop deliveries, Postmaster General David ...

The U.S. Postal Service will run out of cash within a year unless Congress lifts a decades-old cap and allows the agency to ...