The U.S. Postal Service is expected to increase prices in July, raising the cost of a Forever stamp from 58 cents to 60 cents. And that may not be the only price hike in the near future.
Additional price increases are needed, DeJoy said, "until such time as we have accomplished our objective of projecting a trajectory that shows us becoming self-sustaining – as required by law."The U.S. Postal Service has proposed the following price increases to take effect July 10.Letters 58 cents 60 centsLetters additional ounce 20 cents 24 centsInternational Letter $1.30 $1.40
A member of that committee, Rep. Gerry Connolly , D-Va., agrees. “Postmaster General DeJoy’s plan to raise prices while degrading service is a recipe for disaster," he said in a statement to USA TODAY."We just passed Postal Reform to restore financial stability to the Postal Service. We can’t undo that progress by making prices uncompetitive.”times that went into effect in Oct. 1, 2021. Now USPS has a four- or five-day standard for mail traveling 931 miles or more.
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