USPS on Brink: Steiner Seeks Borrowing Lift
Irvine News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Postmaster General David Steiner warns of a potential U.S. Postal Service collapse by February 2027 due to a cash crunch, unless Congress lifts a borrowing cap. With nine billion dollars in net losses and universal mandates draining funds, Steiner proposes higher stamp prices, expanded package delivery, and pension rule changes to save the service.
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