Recently the U.S. Postal Service filed a request for higher rates with the Postal Rate Commission. The postmaster general is on record saying the USPS is asking for a simple, 5.4% across-the-board increase. This, he said, would raise the money the USPS needs to make a $3.1 billion escrow payment that Congress mandated in P.L. 108-18, the Civil Service Retirement System Funding Reform Act of 2003.
If you take a look at the USPS’ actual filing, you’ll easily discover that the PMG was as good as his word about the