PIA Hails Passage of Top Legislative Priority—Postal Reform

H.R. 6407, the first major overhaul of the United States Postal Service (USPS) in three decades, calls for a ten-year cap on postal rates and the tying of those rates to the Consumer Price Index. Capping rates is key to providing businesses, including printers, affordability and predictability in relation to postage increases. The legislation also provides financial reforms to enable the USPS to better meet its employee benefits obligations and management reforms designed to improve service performance and create efficiencies within the organization.