Senator Collins says no way to postage rate hike
August 10, 2010
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Postal regulators will meet Tuesday to start considering a U.S. Postal Service request to raise first class stamp prices to 46 cents and other postage rates beyond the rate of inflation. Sen. Susan Collins (R-Maine). But the senator who coauthored the law allowing USPS to file what's called an "exigent rate case" told the Postal Regulatory Commission on Monday that it shouldn't approve the hike this time. At issue is a clause in the 2006 Postal reform law that allows the mail agency to raise prices beyond inflation in the event of "extraordinary or exceptional circumstances." Sen. Susan Collins...
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August 10, 2010 From News
The Affordable Mail Allianceon Aug. 9 welcomed Senator Susan Collins’ (R-ME) submission of formal comments to the Postal Regulatory Commission (PRC). The comments urge the PRC to dismiss the United States Postal Service’s plan to increase rates by 10 times the rate of inflation.
Postal Service seeks $4 billion waiver on upcoming retiree health fund payment
August 7, 2010 From Federal Times
Just as it did last year, the U.S. Postal Service is asking Congress for a $4 billion break on a contribution due next month to its Retiree Health Benefits Fund. "We are in discussions with committee staff on how we can gain some relief this year as well," USPS spokesman Gerry McKiernan said today. While it's up to lawmakers to decide what to do, he said, "I think there's an understanding and appreciation of our situation. ... We're hopeful." Under federal law, the Postal Service must contribute $5.5 billion to the retiree fund on Sept. 30. In announcing another
August 7, 2010 From Federal Times
Just as it did last year, the U.S. Postal Service is asking Congress for a $4 billion break on a contribution due next month to its Retiree Health Benefits Fund. "We are in discussions with committee staff on how we can gain some relief this year as well," USPS spokesman Gerry McKiernan said today. While it's up to lawmakers to decide what to do, he said, "I think there's an understanding and appreciation of our situation. ... We're hopeful." Under federal law, the Postal Service must contribute $5.5 billion to the retiree fund on Sept. 30. In announcing another
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