That letter will cost more to send in January
By The Associated Press
Published: Thursday, Oct. 11, 2012, 7:18 p.m.
WASHINGTON — It'll cost another penny to mail a letter next year.
The cash-strapped U.S. Postal Service said Thursday that it will raise postage rates on Jan. 27, including a 1-cent increase in the cost of first-class mail to 46 cents.
It will introduce a new global “forever” stamp, allowing customers to mail first-class letters anywhere in the world for $1.10. Prices vary depending on the international destination, with letters to Canada and Mexico costing 85 cents.
Under the law, the post office cannot raise stamp prices more than the rate of inflation, or 2.6 percent, unless it gets special permission. The post office, which expects to lose a record $15 billion this year, has asked Congress to give it new authority to raise prices by 5 cents, but lawmakers have failed to act.
The mail agency also will increase rates on its shipping services, such as priority mail, by an average of 4 percent.
Show commenting policy
TribLive commenting policy
You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.
We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.
While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.
We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers.
We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.
We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.
We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.
We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.
- Kovacevic: Got proof on Tomlin? Let’s hear it
- Madoff cut dead client’s payout by creating fake loss, jury told
- Ex-Penguins winger Kennedy ‘emotional’ about return
- Sandy Hook 911 calls fuel sensitivity debate
- Ex-Steeler WR Wallace: It was a ‘challenge’ for Haley to use me
- Drug company buys Duquesne prof’s cancer research
- Firms transmit market data at near light speed
- Ex-Penguin Kennedy ‘emotional’ about return
- Electronic efficiency is all the rage
- Crown Castle to grow
- Range looks to sell Texas drilling assets