Hi

One day after the US Postal Service announced steep April volume and revenue declines, including a 45% drop in Marketing Mail volume and a total mail volume decrease of 27.2%, a bipartisan group from the House introduced a bill designed to channel $25B toward keeping the USPS afloat beyond this fall.

The bipartisan lawmakers, including Rep. Carolyn B. Maloney (D-NY), the Chairwoman of the Committee on Oversight and Reform, Rep. Peter King (R-NY), and Rep. Gerald E. Connolly (D-NY), the Chairman of the Subcommittee on Government Operations, introduced the Postal Preservation Act.

The bill calls for a  $25 billion emergency appropriation to the Postal Service — a request that the House Members note is supported by the bipartisan Postal Service Board of Governors appointed by President Trump; and require appropriate oversight of that funding by the Postal Service Inspector General.

The ACMA will keep you posted on this bill’s progress.