“This bill provides an intelligent, workable and bipartisan solution to the financial predicament faced by USPS,” said Art Sackler, Manager of C21. “C21 mailers and suppliers, and the industry as a whole, have long supported a universal, self-sustaining postal system, and this bill would keep it that way.”
The industry generates $1.4 trillion in commerce, and employs 7.5 million workers. With the major increases necessary to cover postal liabilities, mailers would gravitate aggressively to electronic alternatives to mail in online, social and mobile media. This would put the survivability of the postal system at risk, and likely require support from taxpayers.
“The beauty of this bill,” added Sackler, “is that it would put USPS back on the path to financial balance without taxpayer funds.”
The OGR Committee will conduct a hearing on HR 756 on February 7. C21 will testify.
C21 consists of business mailing associations and companies of every size – including newspapers and other periodicals, advertisers and catalogers, greeting cards, financial services, telecommunications, insurance and other statement mailers, ecommerce businesses and other parcel shippers – and their suppliers – paper, printing, technology, envelope manufacturing, and mail services.