Merry Christmas from the POST OFFICE
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Dboneesq
Posts: 18,219 ✭✭
Regulators on Tuesday approved a temporary price hike of 3 cents for a first-class stamp, bringing the charge to 49 cents a letter in an effort to help the Postal Service recover from severe mail decreases brought on after the 2008 economic downturn.
Many consumers won't feel the price increase immediately. Forever stamps, good for first-class postage whatever the rate, can be purchased at the lower price until the new rate is effective Jan. 26.
The higher rate will last no more than two years, allowing the Postal Service to recoup $2.8 billion in losses. By a 2-1 vote, the independent Postal Regulatory Commission rejected a request to make the price hike permanent.
Bulk mail, periodicals and package service rates rise 6 percent, which is likely to draw significant consternation from the mail industry.
It's unclear if that would take rates for first-class postage back to 46 cents in 2016 or to a level somewhere in between that takes into account future inflation.
The new price of a postcard stamp, raised by a penny to 34 cents in November, also is effective next month.
Many consumers won't feel the price increase immediately. Forever stamps, good for first-class postage whatever the rate, can be purchased at the lower price until the new rate is effective Jan. 26.
The higher rate will last no more than two years, allowing the Postal Service to recoup $2.8 billion in losses. By a 2-1 vote, the independent Postal Regulatory Commission rejected a request to make the price hike permanent.
Bulk mail, periodicals and package service rates rise 6 percent, which is likely to draw significant consternation from the mail industry.
It's unclear if that would take rates for first-class postage back to 46 cents in 2016 or to a level somewhere in between that takes into account future inflation.
The new price of a postcard stamp, raised by a penny to 34 cents in November, also is effective next month.
STAY HEALTHY!
Doug
Liquidating my collection for the 3rd and final time. Time for others to enjoy what I have enjoyed over the last several decades. Money could be put to better use.
Doug
Liquidating my collection for the 3rd and final time. Time for others to enjoy what I have enjoyed over the last several decades. Money could be put to better use.
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I remember when it was a penny postcard.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
Tonight I saw a "Flying Christmas Pig"
gas prices? milk?
Looking for 1970 MLB Photostamps
- uncut
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