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WATCH: ‘We’ll be out of cash’ in less than a year, U.S. postmaster general testifies

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WATCH: ‘We’ll be out of cash’ in less than a year, U.S. postmaster general testifies

The U.S. Postmaster General testified before Congress, warning that the postal service could run out of cash within a year if current financial challenges persist. He highlighted declining mail volume and rising operational costs as key factors threatening the agency’s solvency. The testimony underscored the need for legislative action to address long-term funding issues and ensure continued delivery services across the country.

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