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On August 31, 2022, @USPS held non-marketable Treasury Securities in the Postal Service Fund valued at $22,747,000,000. The agency continues to hold cash very near the record high, and well above historical norms.
For many years, the timing and amount of postage rate increases were heavily influenced by the agency’s cash position and need for cash going forward. For months in 2021 and 2022, the Postal Service has been holding much more cash than ever before, earning minimal interest.
The agency also will have raised postage rates well above 20% during this time frame when it implements the next, now semi-annual, hike in January 2023.