Postmaster General David Steiner told a House oversight committee recently the problem is its universal service obligation.
Breakdown
- USPS may run out of money in a year without changes 3s
- Universal service obligation strains USPS finances 17s
- Officials may cut delivery days or raise postage to $1 44s
- USPS has not been profitable since 2007 1m 15s
- Amazon may reduce packages sent via USPS after contract talks failed 1m 17s