USPS Plans 73-Cent Stamp Price Hike
The U.S. Postal Service has proposed an 8 percent increase in postage prices, including a rise in the cost of a Forever stamp to 73 cents from 68 cents, with the changes set to take effect in July pending approval from a regulatory commission. These price hikes are part of the Postal Service's 10-year plan to address projected losses of $160 billion, attributed to factors such as the requirement to fund retiree health care benefits in advance and declining mail volume.
