Prepayment Thing News Today

Lobbying republicans before the 2006 vote. it hasnt lobbied since. fed ex is considered a heavy hitter on capitol hill. it spent more than $645,000 on republicans just last year. >> and you know, ed, the bill you cite, bad enough this prepayment thing. but it also proscribes the postal service from getting into any kind of other line of business. >> limit their business. yep. they limit the scope of what they can do to operationally compete. >> thats right. >> and you know who its going to hurt,...

That they lost, 11.1 billion is attribute to this onerous prepayment provision. >> that of course is $11 billion that they cant use to be competitive with the private sector. >> thats right. >> to service rural areas in the country and upgrade their infrastructure. and there is some serious money involved in this decision. ups spent more than $123,000 lobbying republicans before the 2006 vote. it hasnt lobbied since. fedex is considered a heavy hitter on capitol hill. it spent more than $645,000...