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News in English (USA) / 17.03.2026 / 19:00

US Postal Service Faces Severe Financial Crisis, Urgent Reforms Needed

The United States Postal Service (USPS) is in a dire financial situation, with warnings that it may run out of cash by 2027 without urgent reforms from Congress. Postmaster General has reported significant losses amounting to $109 billion since 2007 and is set to testify before the House regarding the financial future of the agency. As discussions around potential rate increases continue, the USPS is emphasizing the need for major structural changes to avoid a collapse of services, raising concerns about the future of traditional mail delivery. Congressional intervention is seen as essential to navigating this financial crisis, with various stakeholders calling for immediate action.
NPR, The Hill, Reuters, USA Today, Brookings, PBS, Times Union, American Postal Workers Union, LiveNOW from FOX, C-SPAN