Analysis: Postal woes demand jump in stamp price to 60 cents
WASHINGTON (AP) " A 60 cent postage stamp? The U.S. Postal Service would have to boost prices for mailing letters and packages by nearly 20 percent " the biggest one-time increase in its history " to avoid bankruptcy and improve delivery service, an industry analysis says.That means the price of a first-class stamp could jump from 49 cents to nearly 60 cents " if the post office gets the power to raise stamp rates beyond the rate of inflation.The Postal Service is currently [...]
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