2011 Legislative Agenda : Capitol Watchdogs Wanted
What could possibly be worse to read about than something that was hot in the news only a few weeks ago? Well, that's the tough thing about Congress' lame duck session: It concludes after press time for our January issue, and any legislation that gets pushed through during the session has been well documented by this point.
But, this is the January issue. Who wants to do a New Year's resolution in February, right? It's the perfect month to look at what's on the legislative agenda for 2011. At press time, President Obama hammered out an extension of the Bush-era tax cuts (reportedly the estate tax exemption would be up to $5 million for individuals, $10 million for couples, and at a tax rate of 35 percent).
But, there are some long-term projects of great importance to the printing industry, and we'll take a look at each of these items and the prognosis for anything happening in 2011.
As usual, we will turn to our printing industry advocacy guru/ lobbyist/vice president of Government Affairs at the Printing Industries of America (PIA), Lisbeth Lyons, for her take on each of the talking points. She will illustrate the PIA's position on each matter and provide expert analysis on what we might expect to happen from a legislative standpoint.
It's not that we're completely overlooking the significance of the Do Not Mail lobby, which is channeling its efforts toward progressive cities like Seattle and San Francisco. But the United States Postal Service (USPS) is in need of another financial overhaul.
Mr. ZIP suffered an $8.5 billion loss in 2010, but that total included a $5.5 billion payment to the retiree health benefits fund and a $2.5 billion non-cash workers compensation adjustment. Considering the 6.6 percent decline in mail volume, the loss of $500 million must be viewed as a rousing success.