More Bad News for Mailing Industry: Senate Committee Advances Postal Reform Act
On Thursday, the Senate committee on homeland security and government affairs voted 9-1 to advance to the Senate floor the Postal Reform Act, a bill sponsored by chairman and ranking member Sens. Tom Carper (D-Del.) and Tom Coburn (R-Okla.). In its current form, the bill would make permanent the emergency rate increase and give the U.S. Postal Service carte blanche the authority to set future rates.
The number of options for the mailing industry to fight the postal hike are dwindling. Last month the mailing industry filed an appeal with the U.S. Court of Appeals, a process that could take months.