#congressional-borrowing-cap

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fromFortune
11 hours ago

The Postal Service will run out of cash within a year, Postmaster General warns: 'We have to have a conversation with the American public' | Fortune

The U.S. Postal Service will exhaust its cash reserves within a year unless Congress increases the $15 billion borrowing cap established in 1990, risking inability to pay employees and vendors by February 2027.
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