The Postmaster General warns USPS could run out of cash by 2027, potentially raising first-class stamp prices to 95 cents.
Under a "financial crisis," USPS is contemplating increasing the price of a first-class stamp, Postmaster General David ...
USPS Postmaster General David Steiner said raising the price of stamps would "largely solve" the agency's financial woes.
Officials say they are considering two options: reducing the number of delivery days or increasing the price of first-class postage to nearly $1.
The U.S. Postal Service is seeking a rate increase this summer that includes hiking the cost of a first-class stamp from 73 cents to 78 cents. The request was made Wednesday to the Postal Regulatory ...