Inflation hits the mailbox: Postage stamp prices are rising, again | CNN Business

The US Postal Service said Monday that it filed a notice with its regulators to increase prices on first-class mail stamps to 66 cents from 63 cents. If approved, the change would take effect in July, raising the cost of mailing a first-class letter by about 5.4%. The Postal Service said the hike was necessary to offset a rise in operating expenses.

requests; they did so in 2010. The Postal Regulatory Commission denied a price hike because, according to its statement at the time, “failed both to quantify the impact of the recession on its finances and to show how its rate request relates to the resulting loss of mail volume.” First-class mail is becoming a smaller part of the Postal Service’s business because of online communication. The number of individual letters sent each year has fallen by about half in the past decade.

expects to lose $4.5 billion in 2023.

Worst service ever

It not employees it management fault violate the contract not making 8 hour routes to avoid overtime but it too much overtime because routes are to long and not enough carrier to carry the mail and too many vehicles accidents because rushing o the road of route

Pretty soon it's going to be a $1.00.

Finally you report the truth

De Joy needs to go!!!!!

We can all thank the former president for the price gouge.

Still boggles my mind what a bargain this is. 66¢?!

What the hell is a stamp

How much for them to not steal our kids birthday gift cards or shove the bills down a storm drain?

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