The Price of a Postage Stamp

Cybergal · Nov 15, 2007

Postal Service restricts rates of stamp prices
11/15/07

WASHINGTON - Starting now, the price of a stamp won't go up faster than the rate of inflation, the Postal Service said Thursday.
Under a law passed last year, the post office would have been allowed one more rate increase under old rules that could have permitted a larger increase, but which would have involved longer, more complex procedures than the new system.
The postal board of governors decided to forgo that last increase and said that when it seeks rate changes it will follow the new procedures adopted Oct. 29 by the independent Postal Regulatory Commission. Under the new rules the post office will have to keep its rate increases at or under the rate of inflation for first-class and standard mail and periodicals, but will have greater flexibility in setting rates for parcels and Priority and Express mail.
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msnbc>>>

Roadmedic · Nov 16, 2007

This may be a small problem in the future. 100 stamps are now lasting over twice as long. We are paying most bills online, communicating online. Mail very little.

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