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Post office still seeking rate hike for 2011

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The post office is trying again to get a rate increase next year.

The agency said Friday it is appealing the Postal Regulatory Commission's rejection of its requested increase.

The post office had asked for a 2-cent increase in the current 44-cent price for First Class stamps starting in January. Officials said the increase would help compensate for increasing losses caused by a drop in mail volume as a result of the weak economy, and a shift in communications and bill paying to the Internet.

The commission rejected that request on Sept. 30.

The Postal Service said it will ask a federal court of appeals in Washington to review of the commission's interpretation of the law that governs how prices can be set.

The post office argues that the commission misread the statute and applied an incorrect standard in evaluating the request for a price increase.

"We have a fundamental disagreement with the PRC's interpretation of the law," Postmaster General John E. Potter said in a statement. "This action is an investment in our future. We need to understand and define the rules under the current law should the Postal Service find itself in a similar situation in the future."

According to the post office, the rate increase would generate about $2.3 billion in added revenue.

The post office is facing a $6 billion loss and has cut staff, taken steps to close offices and asked Congress for permission to reduce mail delivery to five days a week.

The post office is an arm of the federal government, but does not receive tax dollars for its operations.

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  1. Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.

  2. Temporary workers are not "tools" they are people and companies that keep large amounts of temp staff are cheating.

  3. I miss having them around. I hope one of their stores is in the general Meridian/86th Street area. I will make good use of it.

  4. The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.

  5. I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!

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