Postal Issues / Tariffs - United States of America
By Erina Lin, Tuesday 23 January 2007 at 13:59 :: Press Freedom & Laws :: #226 :: rss
by Tatiana Repkova
After 10 years of intensive effort and lobbying on the part of American Business Media (ABM) and industry members, Congress has passed postal reform legislation, which will provide rate stability.
The White House has said President George Bush will sign the bill into law. The most important change from present law is a drastic alteration in the way postal rates are set: the present system of regulation by the Postal Rate Commission is now replaced with a system that permits the Postal Service to establish its own rates, subject (for most mail, including periodicals) to a Consumer Price Index-based price cap that effectively limits the average increase for each class to the CPI. It is expected that, once the new system is in place in mid-2008, the Postal Service will raise rates annually by the maximum permitted. http://www.fipp.com/Default.aspx?PageIndex=2002&ItemId=13540; January 23, 2007







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