Senators Introduce Bipartisan Postal Service Reform Bill; Would Minimize Rate Increases for Now
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“The Postal Reform Act of 2018: Improving Postal Operations, Service, and Transparency” was introduced in the U.S. Senate yesterday as a bipartisan bill co-sponsored by senators Tom Carper (D-Del.), Jerry Moran (R-Kan.), Heidi Heitkamp (D-N.D.) and Claire McCaskill (D-Mo.). If passed, the legislation would make sweeping changes to current rules and regulations that have led, in large part, to the dire long-term financial situation of the U.S. Postal Service, including 11 straight years of net losses and a net loss for its first quarter totaling $540 million – despite the USPS setting a record on Dec.
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