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Price Of Forever Stamp Increases Sunday
Updated January 20, 2017 6:57 AM
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(UNDATED) - Starting Sunday, January 22nd, the cost to purchase a Forever Stamp will go up from 47 cents to 49 cents

The last increase came in January 2014, according to the U.S. Postal Service, when it went from 47 cents to 49 cents. Then last April, the Postal Regulatory Commission ordered the USPS to drop its prices for the first time in 97 years.

Postmaster General Megan Brennan protested, saying, "given our precarious financial condition and ongoing business needs, the price reduction required by the PRC exacerbates our losses."

But adjustments for gas for mail trucks, wages, maintenance costs for its buildings and other factors forced the US Postal Service to seek back that two cents and thereby their request for the rate increase request back to 49 cents.

Forever stamps were first introduced in April 2007, and within four years, all first-class one-ounce stamps became Forever stamps according to the USPS website. The Forever Stamps were developed "for consumers ease of use" during price changes.



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