Postal Service Running Out Of Money. Bug Or Feature?

[turbinetree]

The Postal Service always seems to be shortchanged during a GOP administration.


By Susie Madrak — March 6, 2026
The U.S. Postal Service runs out of cash within a year unless Congress lifts a decades-old cap and allows the agency to borrow more money, the new postmaster general said. If it not, the Postal Service might not be able to pay its employees or vendors by February 2027, with potentially dire consequences for mail delivery, Postmaster General David Steiner told The Associated Press.

“How long are employees going to work and vendors going to show up if we’re not paying them?” Steiner said.

The postmaster general will testify before Congress later this month about the USPS's financial struggles and the need to change longstanding rules and regulations that he considers burdensome. He singled out the $15 billion cap on borrowing that has been in place since 1990.

The Postal Service is an independent agency, funded mostly through postage revenue and the services it provides. Steiner said it has all the burdens of a government agency, such as having to deliver mail six days a week to every address, but none of the benefits, such as an annual appropriation from the federal budget.

https://crooksandliars.com/2026/03/postal-service-running-out-money-bug-or

Good video..............think about voting............

[Autumn]

1. It's a feature.

[turbinetree]

2. I agree............

[Tim S]

3. Thank DeJoy for finishing the job Republican Congress people started via funding mandates

[2naSalit]

4. Feature...

Is being done on purpose.

[Permanut]

5. In 2006, the Postal Accountability and Enhancement Act was passed..

by the Republican controlled Congress during the administration of George W Bush.

It required the US Postal Service to fully fund retiree benefits for 75 years, at a cost of over 50 billion dollars - to be paid over 10 years.

This requirement is unique; no other agency has anything remotely like it. Makes the financial statements look bad.

I don't suppose that Fedex and UPS had anything to do with this. On second thought, yes I do.

[MichMan]

6. That bill in 2006 passed both chambers by voice vote

It didn't have much opposition and no recorded votes by member was done. The pre funding provision was removed in 2022

[MichMan]

7. They say the problem was created over 35 years ago

Last edited Sat Mar 7, 2026, 12:49 AM - Edit history (1)

The postmaster general will testify before Congress later this month about the USPS's financial struggles and the need to change longstanding rules and regulations that he considers burdensome. He singled out the $15 billion cap on borrowing that has been in place since 1990.

[Dave says]

8. How many months until midterms?

It’s a feature.

[in2herbs]

9. Doesn't the Constitution require a post office or a mail delivery service between states? If so, how can

the postal service be left un or under-funded?

If a liberal reading of the Constitutional provision was to be made, it could be argued that the roads required for mail delivery should receive highway tax money as part of their funding.