Direct Mail Outlook : Mail Matters for Marketers

Counting on Congress

The Postal Service was hoping to delay the PRC petition in order to give Congress more time to develop a postal reform package that could ease at least some of the ills that are behind the agency’s estimated $10 billion loss for its fiscal year ending Sept. 30.

Less than a week before the exigent increase filing, the Senate had announced a bipartisan plan that would, among other things, preserve six-day delivery for at least two years, return nearly $7 billion in overpayments USPS made to the Federal Employee Retirement System, and spread out the payment schedule for the funding of 
future retiree health benefits, a $5.5 billion annual albatross.