USPS soon to run out of funding
I have known Steve Hutkins for years and Angry Bear has presented Steve’s articles at Angry Bear for just as long. In the beginning by my friend Dan Crawford would do so. I picked up the effort shortly afterwards. Steve started to write about the USPS when a local post office in New York’s Hudson Valley was in danger of closing. Steve has never worked for the Postal Service and had no affiliation with it. Another USPS advocate was former Postmaster Mark Jamison. I have attached a link to one of his articlae also.
The one thing Steve and Mark recognized and advocated was how important it was to have Post Offices and daily postal service. The USPS is the one institute providing a service to everyone having an address in the United States.
“From 1753 to 1774, as he oversaw Britain’s colonial mail service, Benjamin Franklin improved a primitive courier system connecting the 13 fragmented colonies into a more efficient organization that sped deliveries between Philadelphia and New York City to a mere 33 hours.” A Brief History of the United States Postal Service, Smithsonian
“As Trump demands $200 billion for Iran, USPS announces it will run out of money next year,” Save the Post Office, Steve Hutkins
WSWS.org: Less than 24 hours before the Trump administration demanded an additional $200 billion for the war against Iran, members of Congress from both parties convened a hearing to warn that the United States Postal Service (USPS) could run out of money by next February.
Testifying before the House Oversight Committee, Postmaster General David Steiner, a former CEO of Waste Management and board member of FedEx, bluntly warned that the agency is approaching collapse. “At our current rate we will be out of cash in less than 12 months,” Steiner said. “So in about a year from now the Postal Service will be unable to deliver the mail, if we continue the status quo.”
The financial crisis of the United States Postal Service was presented to Congress this week as a matter of bipartisan concern, with leading Democrats and Republicans united in calling for sweeping “cost-cutting” measures that would further erode wages, staffing and universal service.
The USPS, which employs over half a million workers and delivers more than 100 billion pieces of mail annually, reported annual losses of roughly $9 billion. By contrast, the Pentagon’s budget has surged to nearly $1 trillion a year, before the additional $200 billion is factored in.
The opening days of the war against Iran, the US burned through more than $12 billion. In other words, the cost of less than a single week of war exceeds the yearly losses at USPS, which will be used to justify the deepest cuts in the history of the post office.
The “financial crisis” invoked by both parties is not simply the result of declining revenue but due to longstanding policy decisions. Above all is the requirement that the Post Office be entirely self-funding, first enacted in 1971 when it was demoted from a cabinet-level department of the federal government to an independent agency. This has been used to justify decades of cuts and set the stage for its eventual privatization.
This reached a new level over the past few years with the “Delivering for America” program, aimed at restructuring the USPS network along Amazon lines. Conditions in the “modernized” facilities are atrocious. Two workers, Nick Acker of Michigan and Russell Scruggs of Georgia, died late last year in separate incidents. Acker died after falling into a mail sort machine; his body was not found for hours. Scruggs died of a heart attack on the floor; EMS was considerably delayed in reaching him because of the fact that cell phone signals are blocked in the facility.
“US Postal Management’s Dysfunctional and Failing Culture,” – Angry Bear, by Mark Jamison; A retired Postmaster having served the town and community of Webster, N.C.

Unlike other federal agencies that receive taxpayer money, the USPS must fund employee retirement plans through its own operating revenue.