Senators Rethink Rate Clause in Postal Bill

Sen. Tammy Baldwin (D-WI) was unsuccessful in getting Section 301 stricken from the Postal Reform Act of 2014 (PRA) in a Homeland Security and Governmental Affairs Committee markup session on January 29, but she may have succeeded in substantially altering it.

The offending-to-mailers rate setting clause put in the bill by authors Tom Carper (D-DE) and Tom Coburn (R-OK) would install the 4.3% exigent increase as the rate baseline going forward and increase the annual rate cap to CPI plus 1%. Additionally, it would strip the Postal Regulatory Commission (PRC) of its power to approve or deny rate increases and essentially hand a rubber stamp for price increases to the U. S. Postal Service. Read more.

Via Direct Marketing News

Baldwin holds the line for mailers.