Postal Service Proposes Price Changes
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Holiday Evergreen Forever Stamps will be available to the public in October at the current rate of 44 cents. Once purchased, the stamps are valid forever–regardless of any future price changes.
Faced with plummeting mail volume traced to the recession and increased use of the Internet, the Postal Service is projecting a deficit of nearly $7 billion for the next fiscal year. Despite eliminating millions work hours and reducing expenses by more than $1 billion every year since 2001, a budget gap remains.
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