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Price of stamps5/16/2023 ![]() The Postal Service did receive $10 billion in COVID relief funds from the Coronavirus Aid, Relief and Economic Security Act, also known as the CARES Act, but according to the GAO, the USPS business model is unsustainable, and all retiree health benefits would be depleted by 2030 if a major restructuring doesn’t take place. USPS has lost $87 billion over the past 14 fiscal years, including over $18 billion since the beginning of the pandemic. Government Accountability Office (GAO), the Postal Service is able to remain in business by increasing its debt and missing required federal payments funding retiree pension benefits, according to the U.S. The Postal Service’s expenses have exceeded its revenues year-after-year since 2007. Forever 63 Multiple Stamp Designs and Formats 12.60 - 6,300.00 Snowy Beauty Stamps Forever 63 Multiple Stamp Designs 12.60 Mountain Flora Stamps Forever 63 Multiple Stamp Designs 12.60 Sunflower Bouquet Stamps Two Ounce 87 17.40 Global: African Daisy Stamps International 1.45 14.50 U.S. Domestic postcards will increase from 44 cents to 48 cents and international postcards and letters will both increase by 5 cents to $1.45. letters will increase from 60 cents to 63 cents. The increase in prices is expected to take effect on January 22nd, 2023. The Postal Service generally receives no tax dollars for operating expenses and relies on the sale of postage, products, and services to fund its operations.2 West Feliciana men killed after SUV crashes into 18-wheeler on New Year’s Eve The price change tables are also available on the Postal Service’s Postal Explorer website at pe./PriceChange/Index. The Mailing Services filing is Docket No. The complete Postal Service price filing with prices for all products can be found on the PRC site under the Daily Listings section at prc.gov/dockets/daily. The PRC will review the prices before they are scheduled to take effect. ![]() With the new prices, the Postal Service will continue to provide the lowest letter-mail postage rates in the industrialized world and offer a great value in shipping. The proposed Mailing Services price changes include:Īs inflation and increased operating expenses continue, these price adjustments will help with the implementation of the Delivering for America plan, including a $40 billion investment in core Postal Service infrastructure over the next ten years. The Postal Service is also seeking price adjustments for Special Services products including Certified Mail, Post Office Box rental fees, Money Order fees and the cost to purchase insurance when mailing an item. A one-ounce letter mailed to other countries would increase to $1.40 cents. If favorably reviewed by the PRC, the single-piece letter additional ounce price would increase to 24 cents, the metered mail 1-ounce price would increase to 57 cents and the price of a postcard stamp would increase to 44 cents. The price changes reflect a judicious implementation of the Postal Service’s pricing authority provided by the Postal Regulatory Commission. Postal Service, would raise First-Class Mail prices approximately 6.5 percent which is lower than the Bureau of Labor Statistics annual inflation rate of 7.9 percent as of the end of February. The proposed prices, approved by the Governors of the U.S. The new prices, if favorably reviewed, include a two-cent increase in the price of a First-Class Mail Forever stamp from 58 cents to 60 cents. WASHINGTON, DC - Today the United States Postal Service filed notice with the Postal Regulatory Commission (PRC) of price changes to take effect July 10, 2022. Postal Service Announces New Prices for 2022
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