National Rural Electric Cooperative Association Asks Postal Service to Drop Rate Hikes in Light of Reform Act Relief
NRECA and other nonprofits are asking the U.S. Postal Service to abandon an unprecedented postage rate hike now that Congress has passed legislation to bolster the agency’s operations and provide financial relief.
The Postal Reform Act of 2022, which the Senate approved last week and President Joe Biden is expected to sign into law soon, was drafted to strengthen how the beleaguered service does business and ultimately save it money.
But the measure will not ease the record-high rates authorized last year or deter additional biannual postage increases.
“While this legislation will help shore up some of the Postal Service’s financial challenges, it does not provide immediate relief for electric co-ops and other postal users that face record rate increases in the coming years,” said Bobby Hamill, NRECA’s government relations director on this issue.
“NRECA continues to work with our Alliance of Nonprofit Mailers coalition in urging the Postal Service and the Postal Regulatory Commission to moderate the planned rate increases, particularly in light of the recent financial support provided by Congress.”