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Urgent Crisis: U.S. Postal Service Faces Financial Collapse

Mint (Business)

The U.S. Postal Service warns of financial collapse by late 2023, urging Congress for reforms and higher stamp prices to avert crisis. What’s next?

USPS warns it could run out of money by late 2023.

Postmaster General calls for urgent reforms and higher stamp prices.

Potential measures include five-day delivery and closing small offices.

Congress faces tough decisions to save the USPS from collapse.

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