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During the summer of 2010, the USPS requested the Postal Regulatory Commission to raise the price of a first-class stamp by 2 cents, from 44 cents to 46 cents, to take effect January 2, 2011. On September 30, 2010, the PRC formally denied the request, but the USPS filed an appeal with the Federal Court of Appeals in Washington DC. [28] [29]
Between 2007 and 2016, the USPS lost $62.4 billion; the inspector general of the USPS estimated that $54.8 billion of that (87%) was due to prefunding retiree benefits. [13] By the end of 2019, the USPS had $160.9 billion in debt, due to growth of the Internet, the Great Recession, and prepaying for employee benefits as stipulated in PAEA. [14]
The full eagle logo, used in various versions from 1970 to 1993. The United States Postal Service (USPS), also known as the Post Office, U.S. Mail, or simply the Postal Service, is an independent agency of the executive branch of the United States federal government responsible for providing postal service in the United States, its insular areas and associated states.
The United States Postal Service announced a big increase in the price of first class forever stamps. Stamp prices will increase from 68 cents to 73 cents beginning July 14. That's an over 7 ...
USPS gave a sneak peek at other stamps coming next year. (Scripps News)
USPS is also seeking a price increase for services like post office box rental fees, certified mail and some international mail services. USPS is planning to increase shipping prices soon Skip to ...
Starting April 10, stamps for 1-ounce letters will drop in price from 49 cents to 47 cents after the expiration of a 2-year agreement.
A USPS fact sheet about the proposed changes notes that the plan would have no impact on 75% of first-class mail. The combination of higher prices and slower delivery raises the risk that the USPS ...