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USPS to raise Forever stamp prices again; here’s by how much
- Starting Sunday, July 12, the USPS will increase the price of a Forever stamp to 82 cents from 78 cents, marking the second consecutive year of significant price hikes.
- Facing a "severe financial crisis," the USPS has operated at a loss for a decade; the Postal Accountability and Enhancement Act of 2006, passed by Congress, mandates expensive retiree health benefit prepayments.
- Overall, the USPS says it is raising product prices by about 4.8%, with Domestic postcards increasing to 65 cents and international letters to $1.75.
- The Postal Regulatory Commission approved these adjustments in May; the USPS stated it is using "all available tools" to fulfill its universal service obligation and serve the American public.
- Since their 2007 introduction at 41 cents, The Forever stamp price has now doubled, though stamps bought at 78 cents or less remain valid for use.
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Stamp price increase. What you need to know
PALM DESERT, Calif. (KESQ) - Stamps will be going up four cents by July 12th. The price is going up to 82 cents from the previous 78 cents for the Forever stamps. Since the Forever stamps were introduced the price has increased 100 percent over the last 19 years.Stay tuned for my full story at The post Stamp price increase. What you need to know appeared first on KESQ.
The first-class Forever seal will go from 78 cents to 82 cents as part of a strategy to solve the liquidity crisis
Coverage Details
Total News Sources24
Leaning Left10Leaning Right0Center12Last UpdatedBias Distribution55% Center
Bias Distribution
- 55% of the sources are Center
55% Center
L 45%
C 55%
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