US Postal Service will run out of cash within a year without Congress’ help, postmaster warns

By Karina Tsui, CNN (CNN) — The head of the US Postal Service has warned lawmakers that the storied 250-year-old agency is at a “critical juncture” and will run out of cash in less than a year unless Congress allows it to borrow more money and charge more for postage. “At our current rate, we’ll