Looks like postal prices are going up again. The postage rates last went up in January 2006. There's also recommendation for a new "forever" stamp that would sell for the first-class rate and remain valid even if the rates go up in the future, thereby eliminating the need to buy small 2-cent type of stamps.
For example, if the 41-cent rate takes effect, forever stamps would sell for 41 cents. If rates later climbed to 45 cents or more, the price of the forever stamp would also go up at the counter or machine, but those purchased before the change would still be valid to mail a letter.
Under the proposal, sending a 2-ounce letter would actually decrease from 63 cents to 58 cents but mailing "odd-shaped" items may result in a 17-cent surcharge as they cannot be processed using letter-sorting machines.
The matter now goes back to the board of governors of the Postal Service, which can accept the recommendations or ask for reconsideration. If accepted, the new rates could take effect as soon as May.
Interesting example given:
Each penny increase in the price of a gallon of gasoline costs the Postal Service $8 million, and it cannot simply add a fuel surcharge to its rates.
Looks like postal prices are going up again. The postage rates last went up in January 2006. There's also recommendation for a new "forever" stamp that would sell for the first-class rate and remain valid even if the rates go up in the future, thereby eliminating the need to buy small 2-cent type of stamps.
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