Postal Service on Verge of Collapse

The U.S. Postal Service is on the brink, with Postmaster General David Steiner warning Congress they’re running out of cash and even dipping into retirement funds to stay afloat. A broken business model demands urgent legislative fixes, while internal cuts and a 4-cent stamp price hike (effective July 12) are temporary bandaids. The service is also pausing pension contributions to save $2.5 billion—highlighting how deep the crisis is and how much more is needed to save the institution. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/b8647a3093532161