Stamp Price Increase for USPS Approved by Regulators
The Postal Regulatory Commission approved the stamp price increasing by one cent for the United States Postal Service (USPS). As previously reported by The Inquisitr, the USPS had announced the possibility of a one cent raise back in October. The postal rate increases by Congress will pave the way for the USPS to begin tackling its record-breaking losses.
According to The Hill, the USPS will raise the cost of sending a first-class letter to 46 cents and a postcard to 33 cents, both up a penny.