The Postal Service may be out of cash in 2027 without Congress' help, postmaster says

The Postal Service's leader warned Congress that USPS will exhaust its cash reserves within a year without legislative intervention. The agency cited declining mail volume and what it characterizes as burdensome regulatory requirements as primary drivers of the financial crisis. Without action, the Postal Service said it may be forced to halt mail deliveries nationwide. The warning underscores the urgency of the agency's longstanding requests for congressional relief on pension obligations and other operational constraints that it says are unique to USPS among federal agencies.