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The U.S. Postal Service is seeking to increase the price of its first-class mail forever stamp in the biggest price hike since 1991.
The USPS board of governors requested a 5 cent increase to the forever stamp, up to 55 cents. Before recalculating the cost of sending those wedding invitations, USPS said the change would also reduce the additional ounce price of letters. So, a 2-ounce stamped letter would decrease from 71 cents to 70 cents, according to a statement.
The article goes on to state the following:
Priority Mail flat rate prices could also increase by an average of 5.9 percent. For example, a medium flat rate box that now goes for $13.65 would increase to $14.35.
The U.S. Postal Service is seeking to increase the price of its first-class mail forever stamp in the biggest price hike since 1991. https://t.co/ZrzCS2G6rD
— USA TODAY (@USATODAY) October 11, 2018
The U.S. Postal Service has filed plans to increase the price of a Forever stamp to 55 cents starting in late January. https://t.co/PM4YiDhmAk
— WTHR.com (@WTHRcom) October 10, 2018
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