Everyone in charge of how the Postal Service operates agrees the agency can’t keep running the way it has been for the past decade. But few can agree on what the solution looks like.
While nearly every group invested in postal operations — USPS management, its inspector general, unions, Congress and associations — agree on what the underlying problems are, few can agree on a long-term plan to fix these problems.
The status quo, meanwhile, would lead the agency to run out of cash eventually. USPS has about $25 billion cash on hand, according to recent Treasury Department data, but Postmaster General Louis DeJoy said in a recent interview that the agency could run out of cash by the end of 2022.