ReferIndia News U.S. Postal Crisis: Potential Defaults Loom as Solutions Sought

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U.S. Postal Crisis: Potential Defaults Loom as Solutions Sought

Published on: March 18, 2026, 4:09 a.m. | Source: Devdiscourse

The U.S. Postal Service may run out of money by October or November without financial reforms. Postmaster General David Steiner warned Congress of this impending crisis and suggested measures like increasing stamp prices and cutting costs. Bipartisan efforts are needed to avoid potential service defaults by 2027.

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