Monday, March 07, 2016
USPS STAMP PRICE TO GO DOWN
Yes, you read it right! On April 10 the price of the 1st class
stamp will drop down from 49 cents to 47 cents. I don’ think anyone who is
alive today remembers when was last time the stamp price fell. It was on July
1919 when the 1st class stamp price dropped from 3 cents to 2 cents.
The price
cut is part of the pre-arranged agreement with Congress in which USPS was
previously allowed to temporarily increase the price of stamps by 3 cents
to boost its revenue for 2 years only. The Post Office has appealed
to Congress to let the stamp price remain at 49 cents as the rollback will
worsen the already bad financial condition of the Postal Service.
The First Class mail prices will be adjusted to the following:
Current
Mandatory Reduction
Letters (1
oz.)
49
cents
47 cents
Letters- additional ounces
22
cents
21 cents
Letters to all international
destinations $1.20
$1.15
Postcards
35
cents
34 cents
A complete listing of the new prices effective April 10 is available at www.usps.com
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