News Summary: Postal body OKs ‘junk mail’ discount

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CHEAPER JUNK MAIL: The government body that oversees the U.S. Postal Service has approved a plan to cut postage rates for Valassis Communications, one of the nation’s biggest mailers of ad flyers and other “junk mail.”

REVENUE BOOST: The Postal Regulatory Commission approved the plan to boost use of the mail, saying it could add up to $15 million to the U.S. Postal Service over three years.

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