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Stamps Increase: USPS Seeks To Raise The Price

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The USPS is seeking to increase the price of stamps, which will certainly be disapproved of by American citizens. The postal service is planning a 3-cent increase, which would raise the price to 49 cents, in order to mail a letter. The proposal of this rate increase must be approved by the independent Postal Regulatory Commission. If accepted, the increase would take effect on January 26, 2014.

As a part of the request for the rate increase, the cost for each additional ounce of first-class mail would increase from one penny to 21 cents. Additionally, the price of mailing a postcard would rise by a cent, to 34 cents. The cost to mail a letter to an international destination would jump up to $1.15, an increase of 5 cents. The New York Times mentions that according to federal law, the post office is not allowed to raise the price more than the rate of inflation, unless it gets the approval from the commission. The post office is also expecting to lose $6 billion this year and will be forced to look to Congress for assistance.

An increase in rates could hurt media marketing and businesses that rely on postal services, and would likely lower postal volume and revenues. This is not the first time that they have tried to increase the rates and in fact sought an increase in 2010 unsuccessfully, blaming their results on the recession. It sounds like a dangerous decision again and it is unclear how this will have an effect on businesses. Raising the price on necessary things does not seem good for an economy, and industry groups and unions say raising prices beyond the annual limit could hurt the mailing industry and their businesses, as stated by the Chicago Tribune. The postal service seems to be seeing it as a necessary task in order to get rid of their deficit and balance the budget. Stamped mail, the most profitable business of the agency, accounts for 43 percent of its revenue. Although, these sales continue to drop, while the majority of Americans now use e-mail as a form of communication and are able to pay the majority of their bills online.

A bipartisan bill in the Senate would end Saturday mail delivery after one year and cease door-to-door delivery for new residential and business addresses. It is said that this would save $2 billion per year and was introduced by Darrell Issa, a republican senator from California.

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Stamps Increase: USPS Seeks To Raise The Price


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  • Dee

    For a while now the post office has been claiming bankruptcy, going to file chapter 11 or 13 whichever it is, they are going to stop delivery on Saturdays. The only thing they have done is closed some offices to make our lifes difficult. And now they are raising the postage rate again. Plus the “government” talks about getting rid of the penny. Guess what, the penny is never going to go away, the us post office will never go out of business & the GOVERNMENT HAS DONE NOTHING BUT LIE TO THE REAL AMERICAN PEOPLE FOR A VERY LONG TIME & IT IS GETTING WORSE. WE ARE HOSTAGES TO OUR GOVERNMENT!!!!!!!!!!!!!

  • http://yahoo ronald

    Is there any way you can triple the price for republicans? paybacks are a bitch!

  • Really?

    It is hard to get this posted but before 9/11 the pentagon misplaced 2.3 trillion dollars and last year the FED misplaced 9 trillion dollars. These aren’t conspiracy theories. You can literally pull up videos of the agencies confirming this — all the major outlets covered these stories.

    Our debt is 17 trillion. We have 11.3 trillion missing. That is $38,000 dollars for every man, woman, and child in this country.

    We care about stamps or Miley Cyrus twerking, but the big stuff, we just ignore.

  • Nikki N

    I get that we live in the digital age and people are sending less snail mail and our postal workers do work hard. I won’t short change the job they do but pushing off the cost of the cuts from the Congress is not the way folks. I’m tired of paying for my government’s bad decisions. How many congress men and women got raises when that money could have been applied to United Postal Service? The government keeps cutting the lean-what is going to be left? Sending mail is still important and is still used. Not everyone has a computer or cellphone. Not everyone pays their bills online.

  • John

    Hey dumb a+&^% try taking an envelope from Georgia to California for 49 cents! The price of the postal service is one of the best deals there is. As soon as you pull out of the driveway to head to cali you have already used up 49 cents in gas…get a life people…

    • Tab

      Spoken like a true letter carrier.

  • Phil Porter

    Why not charge the most
    users of the mail service, Junk mailers. The increase for mailing expenses ?? Not the regular citizens. Charge for the mail that we don’t want. Not for first class mail from grandma to granddaughter
    .

    • cheryl

      AMEN!!!

  • Tab

    The postal service loses money because their service is abysmal. If a company does not offer a quality product, the consumer will let them know monetarily. Postal service in the US has sunk to the level of the Italian post. Next stop: Thailand.

  • Earl

    The postal service should not get a postal increase because of gross financial negligence from upper management. I have talked with several postal workers and they all agree but are afraid to speak up because of possible job loss etc.

  • Suppo

    Why don’t they just go ahead and raise the price to an even Dollar? After all, this is the country where people pay a dollar for a pint bottle of filtered tap water, five dollars for a cup of horrible coffee and where smokers will seemingly pay ANYTHING for a pack of cigarettes! One other thing. Other than the generators of advertising junk mail, is there anyone who gives a damn about Saturday deliveries? I would be happy with twice a week delivery of the window envelopes and oversized post cards.

  • James K. Rasmussen

    As usual this will be turn down by the American People… This is by Bad/Top “Management”. These (Top Management) can not run an “Hot Dog” Stand. Not the people nor the Postal Employees.. I was an “APWU” member and a “Automation Clerk” for (19yrs). Now forced into “Retirement” Due to the fact the USPOSTAL services closed (220) USMail Processing Plants “Nationwide”..(25,000) Postal employees (Retired)as of Feb01/13. Due to downsize/closure. As stated.. The USPostal services has to many “Chiefs” and not enough “Indians”… The USPostal services wants only the “Meat” of the situation… (The main stream) not how it functions.. They have way to much (Overhead) and need to cut in the (Management)Level….

    • Shadow

      “As usual this will be turn down by the American People”
      What are you talking about???
      The rate was raised in 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013 and now they are looking at raising it in 2014.
      Anymore, I stick to emailing holiday cards to people, which fits into the price of my net feeof $23/mth.

  • Lisa

    I say it’s time for some letter carrier pay cuts. I recently read they make between 17.00 and 24.00 per hour and in these times that’s more then some college graduates are making, and a college degree is not required for postal jobs. I know of several people that would take that job in a flash for minimum wage.

  • Fred

    Get rid of the union and save money.

  • cheryl

    If it weren’t for electronics, USPS wouldn’t be in this much trouble. If the USPS keep going up, many will turn to electronics even more, therefore reducing USPS usage more than before. The only thing left that will use USPS will be small business and if they go belly up…what then? We all need to get off the merry go round. We are getting dizzy riding the circus of greed..

  • http://yahoo DON NOURY

    ALL I CAN SAY IS GET RID OF ALL THE DEAD WOOD, MEANING TONS OF SUPERVISORS,AND START LIVING WITHIN YOUR MEANS.NO MORE RAISES FOR ANYONE IN THE POSTAL SERVICE.

  • Stephen Kimbrell

    The post office is also expecting to lose $6 billion this year and will be forced to look to Congress for assistance. Seriously? The only agency other than Washington D.C. oliticians that can run billion dollar deficits and have retirement packages like successful Forbes 500 companies. Unbelievable

  • Nancy

    NO MORE RAISES for the post office!! Why don’t they just stop SATURDAY delivery????? Who gives a rats ass about getting mail on Saturday? I wish I made what the carriers make. Try living on social security for a while. We don’t get anyways near the kind of raises the carriers get. And while I’m at it, I don’t think the other workers in government need raises either. Meaning polititons.

  • Stanley Hughes

    If they would STOP giving everyone that works for the Federal Government a pay-raise then they could leave the price of postage stamps along. They get paid more then they need now. At the pay rate they get now they should be able to do there job right, I get lots of mail that belongs to someone else or it belongs next door. I don’t get paid from them to take the mail to the right address. Makes me wonder, if my mail is going somewhere else.

    • Pat Napolitano

      Are you serious? Federal Workers have not had a raise and if they did get one..it was a small one. The reason the post office is going bankrupt is the result of the Bush administration and republicans forcing them to come up with their entire retirement money for the next 20 years or so. No company does this and they have had to use any money they have to do this. The post office has cost us nothing but the price of a stamp but having to come up with the entire amount of retirement money a few years ago has hurt them. You are obviously someone who says we have too much government and to some extent I agree….we can do without this Congress which has not passed bills and done nothing but obstruct…yet they found money to give themselves raises….where did they get this money and who exactly approved their pay raise? Some rep. Congressman have complained they make only 174,000 per year…really? I would like to try to live on that amount not to mention the kick backs they get from supporters of bills they want passed. Give me a break.These are the govt. workers we can do without.

      • William Patterson

        Sounds like a democrat lover to me, each tho I do agree that any raise that the Senate, Congress, President or any other high stake job should come before the people to be voted on. But on the other hand I would bet from your post that you are a Obama the Muslim lover

    • Pat Napolitano

      Are you serious? Federal Workers have not had a raise and if they did get one..it was a small one. The reason the post office is going bankrupt is the result of the Bush administration and republicans forcing them to come up with their entire retirement money for the next 20 years or so. No company does this and they have had to use any money they have to do this. The post office has cost us nothing but the price of a stamp but having to come up with the entire amount of retirement money a few years ago has hurt them. You are obviously someone who says we have too much government and to some extent I agree….we can do without this Congress which has not passed bills and done nothing but obstruct…yet they found money to give themselves raises….where did they get this money and who exactly approved their pay raise? Some rep. Congressman have complained they make only 174,000 per year…really? I would like to try to live on that amount not to mention the kick backs they get from supporters of bills they want passed. Give me a break.These are the govt. workers we can do without.

    • kim m

      Are you crazy government worker’s haven’t gotten a raise in 4 years!

  • Guevara

    Here is how you save money and make profit. 1st, make the letter carrier job as a minimum wage job at best. for God sake, the kid who flips burgers at McDonalds has more qualifications than the carrier. I get everybody else’s mail every day and this guy makes $25 per hour so he can read a name and an address!!!And he still can’t get right.2nd, stop giving these huge discounts to all these catalog companies(LL Beans, U line, Victoria’s Secret,etc..)raise the price on them instead of charging them $15 cents to mail a one pound catalog. Raising the postage stamps by a penny here and there isn’t going to do it. The catalog companies will have to accept such an increase since the USPS has no competitor. Do you think they will stop sending catalogs or go to the “other” postal service?? This company is definitely run by a bunch of idiots, fire them all!

  • richard

    Still a bargain. Anywhere in America for 49 cents. Both UPS and Fedx raised their prices. I hear nothing from the press. Whats up?

  • Kay

    The Postal Service is pricing itself right out of business. In an age where I can pay bills online, via phone and/or bank drafts, why would I buy stamps?

  • William Patterson

    If they would quit paying those executives the high bonus every year they could save a lot of money right there. Also raise the postage on junk mail and leave regular mail along.

  • patricia

    Which is it??? Is the USPS a Federal Government Agency or is it a privately own company??? When there’s a problem the buck gets passed between each other and neither wants to fix the problem as small as it may be or large>

  • Mike Cowan

    Here we go again! Instead of sticking it to the taxpayer once again, why not fix the main reasons why USPS is losing $15 billion per year, such as:

    1. Stop Saturday service immediately, there’s no inconvenience, we are sending less mail, no one is going to miss Saturday mail service, Canada only has 5 days of mail service.

    2. Close post offices, there are too many open, we have two within 2 miles of each other that’s ridiculous!

    3. Fire bad employees, management is weak and afraid to fire bad employees, there is too much bureaucracy, California is an at-will state, fire people on the spot that don’t meet up to expectations, don’t let them weasel into retirement where you need to fully cover their benefits and pension. Managers should have oversight and properly manage their employees, which includes yearly reviews.

    4. Lower salaries, too many employees earning over $100,000 per year. We are still in a bad economy, salaries should reflect the realistic economy.

    5. Lower USPS contributions towards benefits and increase employee contributions.

    6. Convert ALL pensions to 401K plan.

    7. Consider privatizing the mail service, there are plenty of companies that can make this service run efficiently and be profitable!

    Privately owned companies have had to make some of these drastic changes in order to survive in this poor economy, why not USPS?

  • Ken Stephens

    My goodness, 3 cent increase. You would think it is a dollar increase the way people complain. Postage rates are the lowest in the world in the USA. Still the best value out there,

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