The USPS is nearing a financial breaking point, postmaster general warns: 'We were thrown an anchor'

USPS is running out of cash, the Postmaster General warned during congressional testimony. Jakub Porzycki/NurPhoto via Getty Images The USPS could run out of cash within a year, David Steiner warned. Steiner said the agency may need to raise its borrowing limit or increase prices to stay afloat. USPS risks losing a significant share of its Amazon shipping business. The head of the US Postal Service is warning lawmakers that the agency would run out of cash within the next year unless Congre...