Congress Keeps Free Mail While Pushing U.S. Postal Cuts
(
Bloomberg) Lawmakers intent on dictating how the U.S. Postal Service cuts billions from its spending are among those helping themselves to a favorite congressional perk: free mail.
U.S. House members sent more than $45 million worth of such mail in 2010 and 2011 even while switching much of their communication to e-mail in recent years. Three of the 10 largest users last year were Republican members of the Tea Party caucus, which advocates for less government spending, according to data compiled by Bloomberg from House reports.
The Postal Service, which has more employees than any U.S.- based publicly traded company other than Wal-Mart Stores Inc. (WMT), lost $3.2 billion in the quarter ended March 31 and has said it expects to temporarily run out of cash in October. It has asked Congress to let it make changes, including slowing required payments for future retirees health benefits.
Theres a certain amount of hypocrisy, but then again, when youre the head of the plantation, you can pretty much do what you want, said Gene Del Polito, president of the Association for Postal Commerce, whose members include Williams- Sonoma Inc. (WSM) and Publishers Clearing House LLC. Obviously they should be leading by example. Instead, they do quite the opposite. ...........(more)
The complete piece is at:
http://www.bloomberg.com/news/2012-07-05/congress-keeps-free-mail-while-pushing-u-s-postal-cuts.html