USPS wants to raise price of a stamp to almost $1
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The U.S. Postmaster General said central and southern Illinois is particularly problematic. U.S. Rep. Nikki Budzinski, D-Springfield expressed continued concern to Postmaster General David Steiner during a committee hearing on March 17.
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The USPS is nearing a financial breaking point, postmaster general warns: 'We were thrown an anchor'
"I like to say that we got thrown overboard and into the water. But, instead of tossing us a life jacket, we were thrown an anchor," the postmaster said.
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 run out of cash within a year unless Congress lifts a decades-old cap and allows the agency to borrow more money, the new postmaster general warned in
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 because of declining mail volume and what USPS sees as burdensome requirements.
Postmaster General David Steiner is testifying before the House Oversight and Government Reform Committee on Tuesday afternoon about the financial future of the United States Postal Service. The
Postmaster General Appeals for Help Avoiding Financial Disaster. Lawmakers Instead Focused on Waste.
The U.S.P.S. leader said at a hearing that the service could run out of cash within a year and asked lawmakers to increase its borrowing limits.
Postmaster General David Steiner will testify before the House for the first time on Tuesday to ask Congress for regulatory relief to keep the United States Postal Service afloat as it navigates dire financial straits.