Postmaster General Says USPS Could Run out of Money by October

Date:

A USPS van driver wearing a protective face mask parks the car on a street in Manhattan, N.Y., on Aug. 24, 2020. Chung I Ho/The Epoch TimesThe U.S. Postal Service (USPS) might run out of funds by October or November of this year, the head of the agency told Congress on Tuesday.In a House Oversight and Government Reform Subcommittee on Government Operations hearing, U.S. Postmaster General David Steiner said the USPS needed reforms from Congress, otherwise the agency could be out of money if it continues making required retirement and other payments to the government.

spot_imgspot_imgspot_img

Share post:

More like this
Related

China-Made Fitness Trackers May Threaten US Security, Senators Warn

(Left) Sen. David McCormick (R-Pa.); (Right) Sen. Rick Scott...

US Military Kills 3 in Eastern Pacific Boat Strike

Aerial images of a powerboat (L) that was destroyed...

US Monthly Housing Payments Hit 1-Year High of $2,647: Report

A "For Sale" sign in Washington on May 19,...

UK Cyber Chief: State Actors Linked to 75 Percent of Critical Infrastructure Cyber Incidents

NCSC CEO Richard Horne speaks at the RUSI Annual...