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Postal Service Denied 2 Cents' Increase in Cost of Stamps
By Tom Diemer - Politics DailyWait a minute Mr. Postman. An independent rate board that oversees the U.S. Postal Service denied the agency's request on Thursday to raise the price of stamps to 46 cents early next year. The Postal Service proposed the two cents rate hike for first class postage in July as part of a cost-savings plan to deal with losses that amounted to $3.8 billion last year. Postal officials say part of the problem is the move of many customers to digital communications. But they say the losses have been compounded by the recession. Because the increase exceeded the inflation rate, the Postal Service ...
Stop Saturday Mail Delivery? Post Office Honchos Disagree
By Tom Diemer - Politics DailyThe head of a U.S. Postal Service advisory panel said Thursday the post office should find other ways to trim costs before turning to significant cuts in service such as halting Saturday deliveries. Ruth Y. Goldway, chairwoman of the independent Postal Regulatory Commission, also questioned a plan to put postal kiosks and mini-offices in markets and office supply stores. "Ask the small towns of America if they think government business should be conducted in Wal-Marts," she told the House Committee on Oversight and Government Reform. But Postmaster General John Potter, architect of a ...
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