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First-class stamps to cost 49 cents as of Jan. 26
WHTM.COM ^ | 24 DECEMBER 2013 | AP

Posted on 12/24/2013 6:32:09 PM PST by Extremely Extreme Extremist

WASHINGTON (AP) - Mailing a letter is about to get a little more expensive.

Regulators on Tuesday approved a temporary price hike of 3 cents for a first-class stamp, bringing the charge to 49 cents a letter in an effort to help the Postal Service recover from severe mail decreases brought on by the 2008 economic downturn.

Many consumers won't feel the price increase immediately. Forever stamps, good for first-class postage whatever the future rate, can be purchased at the lower price until the new rate is effective Jan. 26.

The higher rate will last no more than two years, allowing the Postal Service to recoup $2.8 billion in losses. By a 2-1 vote, the independent Postal Regulatory Commission rejected a request to make the price hike permanent, though inflation over the next 24 months may make it so.

The surcharge "will last just long enough to recover the loss," Commission Chairman Ruth Y. Goldway said.

(Excerpt) Read more at abc27.com ...


TOPICS: Business/Economy; Government
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To: cripplecreek

Going to one dollar per single stamp in Canada and the elimination of door-to-door delivery within 5 years.

All mail will be delivered to community mail boxes somewhat rural routes.


41 posted on 12/25/2013 9:57:27 AM PST by Para-Ord.45 ( Americans, happy in tutelage by the reflection that they have chosen their own dictators.)
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To: cripplecreek

Well I singled out Fedex because I thought they were totally non-union.

Just like the Spam, Spam, Spam, Spam skit from Monte Python, Fedex doesn’t have much union in it.


42 posted on 12/25/2013 10:10:08 AM PST by ROCKLOBSTER (Celebrate "Republicans Freed the Slaves" Month.)
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