Postal Service Proposes Stamp Price Hike

Thursday, 26 September 2013 | by Pat's Picks

You may need a few more pennies to mail a letter come next year. The cash-strapped U.S. Postal Service is plans to raise the rate for a first class stamp from 46 cents to 49 cents beginning in January. Pricing for other types of mail would go up as well. The Postal Service says the hike would raise an additional $2 billion in revenue. The Postal Service posted a net loss of $15.9 billion last year.

SOURCE: USA Today