The U.S. Postmaster General previously warned postal customers to get used to “uncomfortable" rate hikes as the Postal Service seeks to become self-sufficient.WASHINGTON — First-Class Mail Forever stamps will cost more in a couple weeks as the U.S. Postal Service's latest price hike takes effect later in July.by 5 cents starting July 14. The jump from 68 cents to 73 cents is part of an overall 7.8% increase to take effect this summer.
U.S. Postmaster General Louis DeJoy previously warned postal customers to get used to “uncomfortable" rate hikes as the Postal Service seeks to become self-sufficient. He said price increases were overdue after “at least 10 years of a defective pricing model.”the Postal Service said it was also seeking price adjustments on special services such as money order fees and certified mail.
The request was made to the Postal Regulatory Commission, which approved the proposal that the Postal Service said was necessary to achieve financial stability. At the time of the proposal,"Forever" stamps, which cover the cost to send a standard letter no matter when they were purchased or at what price, have seen a number of price hikes in the last few years, including oneKFMB would like to send you push notifications about the latest news and weather.
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