April 11, 2026

The Postal Service is sounding the alarm — and the warning is brutal: unless Congress acts, the agency says it could run out of cash in less than a year. Postmaster General David Steiner is pressing for drastic cuts, including fewer delivery days, higher prices and an overhaul of money-losing routes, as the USPS faces shrinking first-class mail and staggering losses of $9.5 billion and $9 billion over the last two fiscal years. On Thursday, it proposed a 5 percent stamp hike and a temporary pause in retirement-fund payments, underscoring how deep the crisis has become. The message is stark: the mail could soon cost more, arrive less often, and the entire system may be headed for a breaking point.