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USPS warns Congress it's running out of cash and needs a rescue

Postmaster General David Steiner told a Senate committee the agency has amassed nearly $31 billion in cumulative defaults and could run out of cash by year's end

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USPS warns Congress it's running out of cash and needs a rescue

USPS warns Congress it's running out of cash and needs a rescue

Published June 24, 2026 · Category: Markets

Overview

Postmaster General David Steiner told a Senate committee the agency has amassed nearly $31 billion in cumulative defaults and could run out of cash by year's end

Source

Originally published at qz.com.

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