<html><body style="word-wrap: break-word; -webkit-nbsp-mode: space; -webkit-line-break: after-white-space; ">OK, And replace it with what?<div><br></div><div>"<span class="Apple-style-span" style="font-size: 13px; line-height: 19px; font-family: sans-serif; ">The Postal Accountability and Enhancement Act of 2006 (PAEA) enacted on December 20, 2006, made several changes to the PRC. Besides giving the body its current name, the PAEA significantly strengthened the Commission's authority to serve as a counterbalance to new flexibility granted to the <a href="http://en.wikipedia.org/wiki/United_States_Postal_Service" title="United States Postal Service" style="text-decoration: none; background-image: none; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: initial; ">P</a>ostal Service in setting postal rates. </span><span class="Apple-style-span" style="font-family: sans-serif; font-size: 13px; line-height: 19px; ">The law also assigns new and continuing oversight responsibilities to the PRC, including annual determinations of <a href="http://en.wikipedia.org/wiki/United_States_Postal_Service" title="United States Postal Service" style="text-decoration: none; background-image: none; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: initial; ">U</a>SPS compliance with applicable laws, development of accounting practices and procedures for the postal Service, review of the Universal Service requirement, and assurance of transparency through periodic reports. New enforcement tools given to the PRC include subpoena power, authority to direct the <a href="http://en.wikipedia.org/wiki/United_States_Postal_Service" title="United States Postal Service" style="text-decoration: none; background-image: none; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: initial; ">P</a>ostal Service to adjust rates and to take other remedial actions, and levying fines in cases of deliberate noncompliance with applicable postal laws. </span><span class="Apple-style-span" style="font-family: sans-serif; font-size: 13px; line-height: 19px; ">The Act requires the Commission to develop and maintain regulations for a modern system of rate regulation, consult with the Postal Service on delivery service standards and performance measures, consult with the Department of State</span><span class="Apple-style-span" style="font-family: sans-serif; font-size: 13px; line-height: 19px; "> on international postal policies, prevent cross-subsidization or other anticompetitive postal practices, promote transparency and accountability, and adjudicate complaints. It requires the Postal Service to fund within 10 years the pensions for all employees for 75 years."</span></div><div><font class="Apple-style-span" face="sans-serif"><span class="Apple-style-span" style="font-size: 13px; line-height: 19px;"><br></span></font></div><div><font class="Apple-style-span" face="sans-serif"><span class="Apple-style-span" style="font-size: 13px; line-height: 19px;"><br></span></font></div><div><font class="Apple-style-span" face="sans-serif"><span class="Apple-style-span" style="font-size: 13px; line-height: 19px;">WMP<br></span></font><div><div><div><br></div></div></div></div></body></html>