USPS avoids insolvency this month thanks to tons of political junk mail. Before that, they were scraping by on foreclosure notices. #tcot
— Fred Thompson (@fredthompson) October 17, 2012
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WASHINGTON (CNNMoney) — The 2012 election season couldn’t have come at a better time for the U.S. Postal Service.
While still low on cash, the postal service has enough to avoid insolvency this month, thanks in large part to the mountains of political junk mail and the influx of Super PACs paying top postage rates.
Federal candidates, political parties and special interest groups are mailing out more fliers and postcards via the postal service in 2012 than in previous election cycles. Spending topped $28.9 million through the end of August, compared to $27.9 million for the entire election cycle in 2008, according to the Center for Responsive Politics.