Prepayment Thing News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Lobbying republicans before the 2006 vote. it hasn't 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. >> that's right. >> and you know who it's going to hurt, congressman, you know this, i know this, tell our audience. it's small businesses in rural ameri...

That they lost, 11.1 billion is attribute to this onerous prepayment provision. >> that of course is $11 billion that they can't use to be competitive with the private sector. >> that's 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 hasn't lobbied since. fedex 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 prepaymen...