Senate puts foot down on giving USPS more money

Postmaster General David Steiner ran into a fiscal hawk wall on Wednesday as he pleaded for the Senate to help the U.S. Postal Service out of its dire financial situation.

The USPS head has been warning that the service would run out of funds by the end of 2026 since the start of the year, asking Congress to help the entity by increasing its borrowing cap, allowing it to raise the price of stamps, and restructuring its pension and retirement liability obligations. On Wednesday, Steiner tacked onto that list, asking the chamber to consider reviving public service reimbursement payment to the postal service.