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USPS plans second rate hike of 2024. You are not having déjà vu, stamp prices are going up again this year by 7.8%. The price increase is expected to start this month. There will not be a price ...
After increasing the price of a first-class postage stamp to 68 cents in January, the U.S. Postal Service is planning to increase the cost ... fiscal 2024 alone, USPS reported a $2.1 billion net ...
This follows an increase in January 2024 and marks the sixth increase since January 2021. Despite these ongoing price hikes, the United States maintains relatively inexpensive postage compared to other developed countries. A 2024 study by the USPS Inspector General found that the U.S. had a lower stamp price than 26 out of 30 comparable countries.
In 2023 alone, the postal service reported a $6.5 billion deficit. For 2024, they project an additional $6.3 billion in losses. The most recent hike marks the fifth price increase in the past two ...
Benjamin Franklin — George Washington The First U.S. Postage Stamps, issued 1847. The first stamp issues were authorized by an act of Congress and approved on March 3, 1847.[ 20] The earliest known use of the Franklin 5¢ is July 7, 1847, while the earliest known use of the Washington 10¢ is July 2, 1847.
Outlawed by. Private Express Statutes. Headquarters. USA New York. Key people. Lysander Spooner. The American Letter Mail Company was started by Lysander Spooner in 1844, competing against the legal monopoly of the United States Post Office (USPO, now the USPS ).
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