House, senate pass historic postal reform legislation

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Both the House and Senate passed historic postal reform legislation in the final hours of the 109th Congress after key negotiators — Reps. Tom Davis (R-VA) and Henry A. Waxman(D-CA)– and Sens. Susan Collins (R-ME) and Tom Carper (D-DE) - brokered an agreement that will modernize the U.S. Postal Service and make it viable for the 21st century. The legislation, the first major overhaul of the USPS since 1970, will help stabilize mail volume and stamp prices. The postal reform bill has been more than a decade in the making.

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