The US Postal Service Hits Its Debt Ceiling

The US Postal Service has been losing money every year for about two decades, and borrowing money to keep the mail running. Now it has hit the debt limit imposed by Congress. Elena Patel of the Brookings Institutiontells the US side of the story in “What’s next? The US Postal Service’s fiscal crisis: When universal … Continue reading The US Postal Service Hits Its Debt Ceiling The post The US Postal Service Hits Its Debt Ceiling first appeared on Conversable Economist.