US Postal Service expects to run out of cash in a year without help from Congress, postmaster says - AP News

US Postal Service expects to run out of cash in a year without help from Congress, postmaster says. AP News reports that the US Postal Service is facing a severe financial crisis, with Postmaster General Louis DeJoy stating that the agency could run out of cash within a year if Congress does not provide financial assistance. DeJoy highlighted the ongoing challenges of declining mail volume and increasing costs, which have put a strain on the Postal Service's finances. He urged lawmakers to take action to ensure the long-term viability of the agency, which is a critical part of the nation's infrastructure.