coloradoindependent.com
Blocked from using excess funds to cover costs, USPS can only watch as default deadline approaches - The Colorado Independent
The U.S. Postal Service is hurting. In April, The American Independent reported that it’s teetering on the brink of financial insolvency, with no obvious solution in sight. Unless something changes quickly, within five months, the USPS will default on its largest single financial obligation, an action that could have a massive impact on the mail service. It’s now up to Congress to stop that from happening, but all signs point to nothing happening on Capitol Hill.
Kyle Daly