Printers would really need the new printing applications available with synthetic paper from Fusion Digital Paper if this postage hike goes through. In a press release, The Direct Marketing Association (DMA) praised the decision of the Postal Regulatory Commission (PRC) to reject an excessive postal rate hike proposed by the US Postal Service (USPS).
The requested rate hike would have increased postal rates by nearly ten times the rate of inflation, requiring customers to pay an additional $3 billion annually for postage, despite the current rate of inflation remaining close to zero. The PRC decision requires the USPS to continue following the current law which limits any postage increase to the rate of inflation.
“Today's decision is a great victory for businesses and consumers. The US Mail will remain a viable and affordable communications channel. The knowledge that postage rates will not rise faster than inflation is also an important element for the business community already operating in an extremely challenging business environment,” said Lawrence M. Kimmel, DMA’s CEO. “This, however, is only a first step. USPS customers must continue to work together, and with Congress, to help the Postal Service maintain competitiveness in the marketplace.”USPS must now make critical decisions to cut costs and right-size its network and workforce. As it conducts negotiations with many of its employees, the USPS must not lose sight of the fact that its financial well-being, and that of its customers, depend on immediate and significant cost reductions."DMA will work closely with Congress to correct the over-funding of postal pensions so that companies are not taxed to subsidize other government programs," concluded Kimmel. “We are fighting for reforms that will ensure a viable postal system able to meet the needs of consumers and the business community for generations to come.” Full release at: http://www.the-dma.org/cgi/dispannouncements?article=1489
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