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Aug 7, 2026

US Postal Service to seek congressional funding amid ongoing financial crisis

The USPS plans to request funding from Congress to address its financial struggles after reporting a $2.5 billion loss in the third quarter of 2026. While the agency no longer expects to run out of cash in early 2027, officials say congressional reforms are needed to fix its long-term business model.

Aug 7, 2026·3 sources
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Jun 5, 2026

Senate passes $70 billion immigration enforcement bill to end partial shutdown

The US Senate voted 52-47 early Friday to approve legislation funding President Trump's immigration crackdown, ending a partial government shutdown that began in February. The bill includes a controversial $1.8 billion 'anti-weaponization' fund that faced intense bipartisan backlash.

Jun 5, 2026·2 sources
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Top claims

  • ▪The United States Postal Service operating revenue for the third quarter of fiscal 2026 was $19.9 billion, representing a 6.1 percent increase from the previous year but a decline from the prior quarter's $20.2 billion
  • ▪Postmaster General David Steiner warned that if Congress does not pass a legislative reform package in 2026, the United States Postal Service will consider lowering service standards after January 2027
  • ▪Postmaster General David Steiner warned that a cash depletion at the United States Postal Service would jeopardize a nearly $2 trillion mailing and shipping industry that supports approximately 78 million jobs

People involved

Donald Trump

Subtopics

Border security1Congress1Government shutdown1Immigration1Immigration policy1

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