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New Postage Rates Pt. 2

Postal_prices.gif

I was surprised to hear stamps were going up in price only a year after they were last changed. Apparently, I missed the footnote to last year's price increases, which is that the price of postage will be adjusted each May per the Postal Accountability and Enhancement Act (or Public Law 109-435 approved Dec. 20, 2006).

Maybe consumers will finally decide to stockpile those Forever stamps, which will remain valid postage no matter what the price of first-class mail is in the future. According to a U.S. Postal Service news release, it has sold five billion Forever stamps since their introduction in April 2007. It plans to have an additional five billion of these stamps available for sale before the May price increases.

New Prices Coming May 12, 2008 (USPS)
Postal Accountability and Enhancement Act (P.L. 109-435)
Previously: "New Postage Rates"

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This page contains a single entry from the blog posted on February 22, 2008 8:00 AM.

The previous post in this blog was This Day In History: Feb. 22.

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