The Alliance filed the comments with the Postal Regulatory Commission on November 7 in response to the Postal Service’s notice of market-dominant price adjustments. The Alliance urged the Postal Service to file new rates that properly account for the rate increase resulting from the elimination of FSS scheme preparation stating that the proposed periodicals rates are excessive and non-compliant with price cap regulations. In addition, the Postal Service also released their Fiscal Year 2022 Results on November 10 showing the following:
- Operating revenue of $78.5 billion, up $1.5 billion from the prior fiscal year
- Adjusted loss increased by $2.0 billion
- One-time, non-cash benefit of $57.0 billion from the Postal Service Reform Act
Holly Lubart is Vice President, Government Affairs at the News/Media Alliance. Previously, she served as Vice President of Government Affairs for the PA NewsMedia Association and started her career as a journalist. Lubart has over 20 years of political and communications experience.
