Stamp price now 49 cents

Monday, Jan. 27, 2014 7:05 AM
Last updated 8:16 PM
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WASHINGTON — It’s going to cost you a few pennies more to mail a letter.

The cost of a first-class postage stamp is now 49 cents — 3 cents more than before.

Regulators approved the price hike in December, and it went into effect on Sunday.

Many people won’t feel the increase right away: Forever stamps are good for first-class postage at whatever the future rate.

The last increase for stamps was a year ago, when the cost of sending a letter rose by a penny to 46 cents.

The Postal Service lost $5 billion last year and has been trying to get Congress to let it end Saturday delivery and reduce payments on retiree health benefits.

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itsanotherday1
48395
Points
itsanotherday1 01/27/14 - 08:05 am
2
0
I said before

CUT THEM LOOSE! Let them operate autonomously and freely compete; sinking or swimming on their own merit.

I believe they will swim if allowed to operate efficiently.

seenitB4
98427
Points
seenitB4 01/27/14 - 09:07 am
1
1
Swim away

Yep I agree IAD..they would do just fine on their own.....they really need to cut 1 day service...maybe Sat & just keep the office open.

We still need them though.

teaparty
11313
Points
teaparty 01/27/14 - 09:50 am
1
0
The gov't will do to
Unpublished

The gov't will do to healthcare what it did to the post office.

Red Headed Step Child
4491
Points
Red Headed Step Child 01/27/14 - 02:05 pm
0
0
I'd imagine the number of

I'd imagine the number of folks using electronic mail and online billpay have really hurt their revenues. I haven't bought stamps in 8 years!

crkgrdn
2287
Points
crkgrdn 01/28/14 - 10:45 am
0
0
Forever stamps

I bought stacks of Forever stamps long ago, knowing stamps would continue to increase in price.

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