USPS Plans 5th Stamp Price Hike to 73 Cents
The U.S. Postal Service is proposing to raise the price of a first-class stamp to 73 cents, marking the fourth increase in less than two years. If approved, the plan will also raise the cost of other postage forms, with the new prices expected to take effect in July. The proposal has been sent to the Postal Regulatory Commission for final approval. The USPS cites financial challenges and a need to become self-sustaining as reasons for the price hike, despite acknowledging the impact on customers.