{"id":766,"date":"2026-08-11T23:09:50","date_gmt":"2026-08-11T23:09:50","guid":{"rendered":"https:\/\/marketrelocationreport.com\/?p=766"},"modified":"2026-08-11T23:09:50","modified_gmt":"2026-08-11T23:09:50","slug":"usps-seeks-funding-from-congress-to-address-long-term-financial-issues-2","status":"publish","type":"post","link":"https:\/\/marketrelocationreport.com\/?p=766","title":{"rendered":"USPS seeks funding from Congress to address long-term financial issues"},"content":{"rendered":"
\n

The largely self-funded Postal Service is asking for \u201cmodest\u201d annual funding from Congress, at least in the short term, to help the agency pay its bills.\u00a0<\/p>\n

Read more IRS says a new policy \u2018moots\u2019 NTEU\u2019s First Amendment lawsuit. The union isn\u2019t so sure<\/a><\/p>\n

USPS told lawmakers that it would run out of cash in early 2027, if it kept meeting all of its financial obligations. But the agency now expects to avoid a cash crisis for another few years by suspending its contributions to one of its employee retirement plans.\u00a0<\/p>\n

Agency leaders warn these extraordinary measures are just buying USPS more time to deal with what they consider a broken business model.\u00a0<\/p>\n

Postmaster General David Steiner said last Friday that USPS will seek a \u201crelatively modest appropriation\u201d from Congress, adding that those funds would \u201ccreate a large return for the American economy.\u201d\u00a0<\/p>\n

\u201cWe don\u2019t think that the investment made in the Postal Service will need to be a permanent investment, but a temporary one,\u201d Steiner said at a quarterly meeting of the USPS Board of Governors.\u00a0<\/p>\n

USPS reported a $2.5 billion net loss for the third quarter of fiscal 2026 \u2013 an improvement from the $3.1 billion net loss it saw for the same period last year.\u00a0<\/p>\n

If Congress doesn\u2019t act on a legislative package for USPS this year, Steiner said the mail agency will consider lowering service standards, raising prices and closing thousands of \u201cunprofitable\u201d post offices.\u00a0Without help from Congress, Steiner said USPS would be forced to carry out these cost-cutting measures, but wouldn\u2019t proceed with these plans before January 2027.\u00a0<\/p>\n

\u201cThe only thing that will doom the Postal Service is not making a choice,\u201d Steiner said.\u00a0\u00a0<\/p>\n

If Congress goes along with plans to partially fund USPS, Steiner suggested lawmakers periodically adjust annual appropriations to account for inflation and other factors.\u00a0<\/p>\n

\u201cAs we reduce costs and improve revenue, we believe we will become more profitable, and the appropriation could be reduced,\u201d Steiner said.\u00a0<\/p>\n

USPS officials have yet to quantify the amount of funding they\u2019re seeking from Congress. But according to the , USPS is authorized to request up to $460 million from Congress each year as \u201cpublic service reimbursement.\u201d The agency hasn\u2019t requested or received any public service reimbursement since 1982.<\/p>\n

The Postal Service\u00a0is largely self-funded through its revenue, but does already receive modest funding from Congress to administer a program that allows people who are legally blind to send and receive certain items in the mail for free. Congress gave USPS more than $38 million to carry out this program in fiscal 2026.<\/p>\n

Read more A crucial cybersecurity system is getting a closer look from Congress<\/a><\/p>\n

If USPS does run out of cash, Steiner warned that it would jeopardize a nearly $2 trillion mailing and shipping industry that supports about 78 million jobs. Companies like Amazon and UPS compete with USPS in package delivery, but also serve as some of its biggest customers, paying the agency to deliver packages to often rural destinations that these companies deem unprofitable.\u00a0<\/p>\n

\u201cWe would prefer that rather than considering harming the Postal Service, that Congress consider making an investment in the Postal Service, which after all, is making an investment in America,\u201d Steiner said.\u00a0<\/p>\n

Steiner told members of the House Oversight and Government Reform Committee in March that USPS would run out of cash in early 2027, as long as it continues to pay its bills on time. But USPS is relying on some emergency measures to conserve cash.<\/p>\n

Postal officials\u00a0told the Office of Personnel Management in April that it will hold off paying its contributions to the Federal Employees Retirement System (FERS), which covers federal and postal employees who started working after January 1987.<\/p>\n

Steiner in June that with these extraordinary measures, USPS is now expected to run out of cash sometime between 2031 and 2034.<\/p>\n

It\u2019s not clear if lawmakers will make postal reform a legislative priority ahead of this year\u2019s midterm elections.\u00a0<\/p>\n

Congress passed long-awaited reform legislation in April 2022 that saved USPS $107 billion in total costs. USPS warned lawmakers that it was on the verge of running out of cash at the height of the COVID-19 pandemic, and received $10 billion in pandemic relief funds.<\/p>\n

Several House Republicans who played a critical role in passing the Postal Service Reform Act have told Steiner they are skeptical of providing further financial assistance to USPS.<\/p>\n

USPS, in a wish list of possible legislative reforms, also proposed eliminating its regulatory agency \u2014 a move that would give USPS greater freedom to raise mail prices and strike deals with private-sector companies.\u00a0<\/p>\n

The Postal Regulatory Commission ruled earlier this year\u00a0that USPS can only raise mail prices once a year through Sept. 30, 2030.USPS raised the price of a first-class Forever stamp to 82\u00a0cents in July. Steiner said USPS is looking to raise stamp prices once again in January 2027.\u00a0<\/p>\n

Steiner said USPS is \u201cconstantly handcuffed by the PRC when it comes to taking the most logical steps in revenue management and pricing,” and that USPS will lose $700 million in annual revenue because of this limit on price hikes.\u00a0\u00a0<\/p>\n

Read more Key oversight and federal workforce nominees confirmed by Senate<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Postal officials warn that the agency may need to lower service standards and close “unprofitable” post offices if it doesn’t get funding from Congress. <\/p>\n","protected":false},"author":1,"featured_media":765,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-766","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-management"],"yoast_head":"\nUSPS seeks funding from Congress to address long-term financial issues - Market Relocation Report<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/marketrelocationreport.com\/?p=766\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"USPS seeks funding from Congress to address long-term financial issues - Market Relocation Report\" \/>\n<meta property=\"og:description\" content=\"Postal officials warn that the agency may need to lower service standards and close "unprofitable" post offices if it doesn't get funding from Congress.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/marketrelocationreport.com\/?p=766\" \/>\n<meta property=\"og:site_name\" content=\"Market Relocation Report\" \/>\n<meta property=\"article:published_time\" content=\"2026-08-11T23:09:50+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/marketrelocationreport.com\\\/?p=766#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/marketrelocationreport.com\\\/?p=766\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/marketrelocationreport.com\\\/#\\\/schema\\\/person\\\/19c060c848a41baec5bd9c5b313f46d9\"},\"headline\":\"USPS seeks funding from Congress to address long-term financial issues\",\"datePublished\":\"2026-08-11T23:09:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/marketrelocationreport.com\\\/?p=766\"},\"wordCount\":857,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/marketrelocationreport.com\\\/?p=766#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/marketrelocationreport.com\\\/wp-content\\\/uploads\\\/2026\\\/08\\\/8bdeb3535c5e91c65445b5004041020c.png\",\"articleSection\":[\"Management\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/marketrelocationreport.com\\\/?p=766#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/marketrelocationreport.com\\\/?p=766\",\"url\":\"https:\\\/\\\/marketrelocationreport.com\\\/?p=766\",\"name\":\"USPS seeks funding from Congress to address long-term financial issues - Market Relocation Report\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/marketrelocationreport.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/marketrelocationreport.com\\\/?p=766#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/marketrelocationreport.com\\\/?p=766#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/marketrelocationreport.com\\\/wp-content\\\/uploads\\\/2026\\\/08\\\/8bdeb3535c5e91c65445b5004041020c.png\",\"datePublished\":\"2026-08-11T23:09:50+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/marketrelocationreport.com\\\/#\\\/schema\\\/person\\\/19c060c848a41baec5bd9c5b313f46d9\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/marketrelocationreport.com\\\/?p=766#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/marketrelocationreport.com\\\/?p=766\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/marketrelocationreport.com\\\/?p=766#primaryimage\",\"url\":\"https:\\\/\\\/marketrelocationreport.com\\\/wp-content\\\/uploads\\\/2026\\\/08\\\/8bdeb3535c5e91c65445b5004041020c.png\",\"contentUrl\":\"https:\\\/\\\/marketrelocationreport.com\\\/wp-content\\\/uploads\\\/2026\\\/08\\\/8bdeb3535c5e91c65445b5004041020c.png\",\"width\":400,\"height\":400},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/marketrelocationreport.com\\\/?p=766#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/marketrelocationreport.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"USPS seeks funding from Congress to address long-term financial issues\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/marketrelocationreport.com\\\/#website\",\"url\":\"https:\\\/\\\/marketrelocationreport.com\\\/\",\"name\":\"Market Relocation Report\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/marketrelocationreport.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/marketrelocationreport.com\\\/#\\\/schema\\\/person\\\/19c060c848a41baec5bd9c5b313f46d9\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"sameAs\":[\"http:\\\/\\\/marketrelocationreport.com\"],\"url\":\"https:\\\/\\\/marketrelocationreport.com\\\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"USPS seeks funding from Congress to address long-term financial issues - Market Relocation Report","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/marketrelocationreport.com\/?p=766","og_locale":"en_US","og_type":"article","og_title":"USPS seeks funding from Congress to address long-term financial issues - Market Relocation Report","og_description":"Postal officials warn that the agency may need to lower service standards and close \"unprofitable\" post offices if it doesn't get funding from Congress.","og_url":"https:\/\/marketrelocationreport.com\/?p=766","og_site_name":"Market Relocation Report","article_published_time":"2026-08-11T23:09:50+00:00","author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/marketrelocationreport.com\/?p=766#article","isPartOf":{"@id":"https:\/\/marketrelocationreport.com\/?p=766"},"author":{"name":"admin","@id":"https:\/\/marketrelocationreport.com\/#\/schema\/person\/19c060c848a41baec5bd9c5b313f46d9"},"headline":"USPS seeks funding from Congress to address long-term financial issues","datePublished":"2026-08-11T23:09:50+00:00","mainEntityOfPage":{"@id":"https:\/\/marketrelocationreport.com\/?p=766"},"wordCount":857,"commentCount":0,"image":{"@id":"https:\/\/marketrelocationreport.com\/?p=766#primaryimage"},"thumbnailUrl":"https:\/\/marketrelocationreport.com\/wp-content\/uploads\/2026\/08\/8bdeb3535c5e91c65445b5004041020c.png","articleSection":["Management"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/marketrelocationreport.com\/?p=766#respond"]}]},{"@type":"WebPage","@id":"https:\/\/marketrelocationreport.com\/?p=766","url":"https:\/\/marketrelocationreport.com\/?p=766","name":"USPS seeks funding from Congress to address long-term financial issues - Market Relocation Report","isPartOf":{"@id":"https:\/\/marketrelocationreport.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/marketrelocationreport.com\/?p=766#primaryimage"},"image":{"@id":"https:\/\/marketrelocationreport.com\/?p=766#primaryimage"},"thumbnailUrl":"https:\/\/marketrelocationreport.com\/wp-content\/uploads\/2026\/08\/8bdeb3535c5e91c65445b5004041020c.png","datePublished":"2026-08-11T23:09:50+00:00","author":{"@id":"https:\/\/marketrelocationreport.com\/#\/schema\/person\/19c060c848a41baec5bd9c5b313f46d9"},"breadcrumb":{"@id":"https:\/\/marketrelocationreport.com\/?p=766#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/marketrelocationreport.com\/?p=766"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/marketrelocationreport.com\/?p=766#primaryimage","url":"https:\/\/marketrelocationreport.com\/wp-content\/uploads\/2026\/08\/8bdeb3535c5e91c65445b5004041020c.png","contentUrl":"https:\/\/marketrelocationreport.com\/wp-content\/uploads\/2026\/08\/8bdeb3535c5e91c65445b5004041020c.png","width":400,"height":400},{"@type":"BreadcrumbList","@id":"https:\/\/marketrelocationreport.com\/?p=766#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/marketrelocationreport.com\/"},{"@type":"ListItem","position":2,"name":"USPS seeks funding from Congress to address long-term financial issues"}]},{"@type":"WebSite","@id":"https:\/\/marketrelocationreport.com\/#website","url":"https:\/\/marketrelocationreport.com\/","name":"Market Relocation Report","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/marketrelocationreport.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/marketrelocationreport.com\/#\/schema\/person\/19c060c848a41baec5bd9c5b313f46d9","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","caption":"admin"},"sameAs":["http:\/\/marketrelocationreport.com"],"url":"https:\/\/marketrelocationreport.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/marketrelocationreport.com\/index.php?rest_route=\/wp\/v2\/posts\/766","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/marketrelocationreport.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/marketrelocationreport.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/marketrelocationreport.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/marketrelocationreport.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=766"}],"version-history":[{"count":0,"href":"https:\/\/marketrelocationreport.com\/index.php?rest_route=\/wp\/v2\/posts\/766\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/marketrelocationreport.com\/index.php?rest_route=\/wp\/v2\/media\/765"}],"wp:attachment":[{"href":"https:\/\/marketrelocationreport.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=766"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/marketrelocationreport.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=766"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/marketrelocationreport.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=766"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}