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.