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Postage increase to be capped at inflation rate

The United States Postal Service board of directors voted to cap postage increases at the rate of inflation in advance of when the Postal Accountability and Enhancement Act was to take effect. By voting the cap in early, USPS is forgoing their chance to increase rates under the old method. “It’s a huge improvement for nonprofits, the new system,” said Anthony Conway, the Executive director for the Alliance of Nonprofit Mailers and a former USPS executive. The new rule fosters predictability for nonprofits, the groups can use inflation as a reference point when budgeting for mailing costs and other expenditures for the year. “Once a year, probably May or June, [nonprofits… Read More