USPS Postmaster General David Steiner said raising the price of stamps would "largely solve" the agency's financial woes.
The Postmaster General warns USPS could run out of cash by 2027, potentially raising first-class stamp prices to 95 cents.
As the USPS warns it could run out of cash by 2027, the agency says it could soon raise the price to send a first-class letter to almost $1.
Amid "financial crisis," USPS is contemplating increasing the price of a first-class stamp, Postmaster General David Steiner said.