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The Economic Times

Top News / The Economic Times

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Collapse fears grow: USPS pauses payments and shares key Social Security details

USPS financial crisis deepens as the United States Postal Service faces over $118 billion losses since 2007, raising urgent stability concerns. The agency has paused pension contributions, saving nearly $2.5 billion yearly, as it redirects cash from a $200 million weekly retirement outflow. Stamp prices are set to rise toward $1 after a 46% jump since 2019, while the $15 billion borrowing limit is already maxed out. Social Security payments continue, even as operational pressure intensifies nationwide in the United States.

14 Apr 2026 3:30 am