House Passes Postal Appropriations Bill

The House of Representatives approved $60 million in fiscal year 2003 funding for the U.S. Postal Service as part of the $18.5 billion Treasury, Postal and General Government Appropriations bill, which passed this week by a vote of 308-121.

Included in the funding is $29 million as part of the Revenue Foregone Reform Act of 1993, which granted the postal service 42 annual payments of $29 million to compensate for insufficient appropriations in previous years. The House rejected the postal service's request to have the remaining $900 million due as part of the act paid at once.

Meanwhile, the Senate Appropriations Committee earlier this month approved the Treasury-General Government Appropriations bill, which also includes $60 million in funding for the USPS.

As of press time, the bill was not on the Senate floor schedule.

You must be a registered member of Direct Marketing News to post a comment.

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs: