USPS Stamp Prices to Increase, Yet Again
The debut of the U.S. Postal Service's 46-cent Forever stamps brings rate changes on Jan. 27.
You may want to stock up on Forever stamps sooner, rather than later. The cost to mail a letter is, yet again, set to increase this month. Rate changes go into effect Jan. 27, according to the U.S. Postal Service, which relies on stamps and other products, rather than taxpayer dollars, to fund operations. At that time, stamp prices to mail 1-ounce letters will increase one cent each—from 45 to 46. This brings the cost of a standard 20-stamp book up from $9 to $9.20. Reuters reports that postal officials have been asking Congress for the green light to increase stamp prices beyond inflation, end Saturday mail delivery and make other changes in order for them to stay in business amidst plummeting mail volumes. "The agency lost $5.2 …
