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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]
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Richard and Judy Book Club display at W.H. Smith, Enfield. The following is a list of books from the Richard & Judy Book Club, featured on the television chat show. The show was cancelled in 2009, but since 2010 the lists have been continued by the Richard and Judy Book Club, a website run in conjunction with retailer W. H. Smith.
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 U.S. Postal Service had a lot to contend with this year between a pandemic, an election that relied heavily on mail-in ballots and a change in leadership that resulted in some questionable ...
This price hike is part of Postmaster General Louis DeJoy’s 10-year Delivering for America plan. This plan was intended to reduce the USPS’ massive amount of debt, which stands at $188 billion ...
Between 2021 and 2023, USPS has raised the postage rate four times. [140] In May 2023, USPS reported a $2.5 billion loss over the year's first quarter, with approximately $500 million of that figure related to costs within the agency's control. [141] It also reported that its projected ten-year losses had been reduced from $160 billion to $70 ...
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