Legislative Issues for 2012
With issues like postal reform, health care, taxes and regulatory initiatives on the minds of printers, will Congress let gridlock and election distractions keep it from acting in the year ahead?
The USPS posted a $5.1 billion loss for its 2011 fiscal year, a figure that would have eclipsed $10 billion had Congress not postponed its crippling $5.5 billion payment to pre-fund retiree health benefits. Mail volume dropped by 3 billion pieces over the previous year and profitability from First-Class Mail dipped 5.8 percent.
- People:
- Lisbeth Lyons
- Places:
- Washington, D.C.
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