If approved, here's when the increases for postcards, metered letters and international mail would take effect.
The U.S. Postal Service signaled plans Tuesday for a rate increase that includes hiking the cost of a first-class stamp from 68 cents to 73 cents, part of an overall 7.8% increase to take effect this summer.Related video above: How to spot fake postage stampsThe request was made to the Postal Regulatory Commission, which must approve the proposed increase that the Postal Service contends is necessary to achieve financial stability.
If approved, the 5-cent increase for a 'forever' stamp and similar increases for postcards, metered letters and international mail would take effect July 14.U.S. Postmaster General Louis DeJoy previously warned postal customers to get used to 'uncomfortable' rate hikes as the Postal Service seeks to become self-sufficient. He said price increases were overdue after 'at least 10 years of a defective pricing model.
Postal Service USPS First-Class Stamp Cost Price Hike Increase
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US Postal Service seeking to hike cost of first-class stamp to 73 centsThe U.S. Postal Service is planning a rate increase that would raise the price of a first-class stamp from 68 cents to 73 cents. The filing on the planned increase was made Tuesday with the Postal Regulatory Commission. The commission must approve the proposed increase, which the Postal Service says is necessary to achieve financial stability.
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US Postal Service seeking to hike cost of first-class stamp to 73 centsThe U.S. Postal Service signaled plans Tuesday for a rate increase that includes hiking the cost of a first-class stamp from 68 cents to 73 cents, part of an overall 7.8% increase to take effect th…
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