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 is testifying before the House Oversight and Government Reform Committee on Tuesday ...

During a hearing, officials testified that the Postal Service will likely run out of money without congressional intervention ...

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 ...

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

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

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 ...

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

By David Shepardson WASHINGTON, March 17 (Reuters) - The head of the U.S. Postal Service told Congress on Tuesday it could run out of money in October or November if the agency continues to make ...