Stamp Price Hike Takes Effect
- Published on Monday, 27 January 2014 12:49
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.Read More Local News