The US Postal Service (USPS) will run out of funds within a year, unless lawmakers lift a cap on how much money the agency can borrow, according to the postmaster general.
In an interview with the Associated Press, David Steiner warned that the postal service – which relies on stamps and service fees rather than tax dollars to deliver mail six days a week to every address in the country – would run out of cash for employees and vendors by February next year.
