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Monday, February 29, 2016

Stamp Prices Set to go down 2 Cents in April

For the first time in nearly 97 years, the price of a stamp is set to go down. On April 10, a first-class stamp will cost 47 cents, down from its current 49-cent price. The reduction is part of a pre-arranged agreement with Congress. The Post Office got to increase the price of stamps by 3 cents in 2014 to help it raise $4.6 billion in revenue.

2 comments:

Anonymous said...

My boss Mr. Holas said " you can't save yourself into a profit" , bless him , president of Sara Lee Corp and Hanes and Sea Pak. Gone , but not forgotten .

Anonymous said...

How ridiculous is this but of news. The postal service has been getting government bailouts for 30 plus years and now they are going to drop the price of a stamp?? How much will this cost the taxpayers in the near future???