stamps Archives - Inflation Watch https://inflationwatch.drduru.com/tag/stamps/ Watching for inflation here, there and everywhere Wed, 07 Jul 2010 14:00:20 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.4 https://i0.wp.com/inflationwatch.drduru.com/wp-content/uploads/2025/07/cropped-new-hp-money-printing-plates.png-1.webp?fit=32%2C32&ssl=1 stamps Archives - Inflation Watch https://inflationwatch.drduru.com/tag/stamps/ 32 32 246324047 U.S. Postal Service Proposes Price Increases https://inflationwatch.drduru.com/us-postal-service-proposes-price-increases/?utm_source=rss&utm_medium=rss&utm_campaign=us-postal-service-proposes-price-increases Wed, 07 Jul 2010 14:00:20 +0000 http://inflationwatch.wordpress.com/?p=1189 The cost of mailing a letter will likely go up soon. The U.S. Postal Service announced yesterday that it wants to increase the price of a first class postage stamp by another 2 cents or 4.5% as of January, 2011. The Postal Service cites on-going and worsening financial difficulties as the main force driving prices […]

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The cost of mailing a letter will likely go up soon. The U.S. Postal Service announced yesterday that it wants to increase the price of a first class postage stamp by another 2 cents or 4.5% as of January, 2011. The Postal Service cites on-going and worsening financial difficulties as the main force driving prices ever upward:

“Faced with plummeting mail volume traced to the recession and increased use of the Internet, the Postal Service is projecting a deficit of nearly $7 billion for the next fiscal year. Despite eliminating millions of work hours and reducing expenses by more than $1 billion every year since 2001, a budget gap remains….
….’There is no one single solution to the dire financial situation that the Postal Service faces…These proposed rate adjustments are moderate and part of a fair and balanced approach to insuring mail service for all Americans well into the future.'”

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