US Postal Service could run out of money as soon as October - Reuters

The U.S. Postal Service faces a potential cash crisis, with projections showing it could exhaust its financial reserves by October. The USPS has long struggled with structural financial challenges, including declining mail volume and the requirement to pre-fund decades of employee retirement benefits. A funding shortfall of this magnitude would force the agency to curtail services or seek emergency congressional intervention to remain operational. The crisis reflects broader challenges facing the mail system as package delivery remains competitive but letter mail continues its decades-long decline. Without legislative action or operational changes, the USPS may be unable to pay employee salaries or maintain service levels.