Stamp Hike Proposal

February 26, 2007

The cost of mailing a letter is likely going up again. A postal regulatory commission has recommended a two cent increase, from 39 to 41 cents.

The commission is also urging the post office to establish a "forever stamp." That stamp would be good, no mater what the current rate is. It would cost whatever the first-class rate is at the time you buy it.

The Postal Service now must decide whether to accept the commission's recommendation, or ask that it reconsider. If accepted, the rate could go up in 60 days.

The Post Office says it needs more money because of things like
rising gas prices.


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