As the U.S. Postal Service's cuts threaten to slow mail delivery nationwide, some Congressional lawmakers are pushing legislation to require banks, credit card companies and other businesses to credit a customer’s account on the date a payment is postmarked rather than the date it is received. A similar 1995 effort was stymied by financial services' industry opposition. For more, see http://latimesblogs.latimes.com/nationnow/2012/02/lawmakers-propose-legislation-check-is-in-the-mail.html
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