USPS Price Increase Still Likely ... Just Later and (Hopefully) Less

PAEA Round Two?
In the background of the Postal Service’s price increase requests, even bigger changes may be percolating. Unlike last year, Congress opted not to step in at the last minute and relieve the USPS of its $5.5 billion payment to pre-fund retiree health obligations. The USPS has paid the amount due for fiscal year 2010 to the Treasury, leaving it with a $6 billion loss.