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Postal Service Marks 250th Anniversary While Facing $7 Billion Loss and Cutting 10,000 Jobs

The Postal Service releases a commemorative stamp during its anniversary despite record losses.

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Overview

  • USPS projects a $7 billion deficit in 2025 after more than a decade of declining mail volumes.
  • The agency plans to cut 10,000 jobs and slash billions from its budget to curb ongoing financial shortfalls.
  • President Trump has renewed calls to consider privatizing the Postal Service as part of broader funding debates.
  • Today’s anniversary events include a new “Eagle in Flight” stamp and celebrations at post offices and the National Postal Museum.
  • Founded under Benjamin Franklin in 1775, USPS now delivers to nearly 169 million addresses with over 635,000 employees.