Stamp Prices 46 Cents For Regular Postage In 2013

By: | 11/19/2012 01:44 PM ET
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Stamp prices are going from 45 to 46 cents in January 2013 for regular first-class postage. In addition, postcards are going up from 32 cents to 33 cents and international delivery will be priced at $1.10.

The proposed raise in prices last month coincided with the fact that the U.S. Postal Service posted a record annual loss of $15.9 billion. Official’s however, say that the increase has to do with overall inflation, and the increase will only put a small dent in the agency’s financial losses.

The USPS has not directly received taxpayer-dollars since the early 1980s with the minor exception of subsidies for costs associated with the disabled and overseas voters. Since the 2006 all-time peak mail volume, revenue dropped sharply due to recession-influenced declining mail volume, and the increase of electronic delivery devices, prompting the postal service to look to other sources of revenue while cutting costs to reduce its budget deficit.

The last increase in a first-class stamp was just this past January when it was increased to 45 cents. Forever stamps are sold at the first-class mail postage rate at the time of purchase, but will always be valid for first-class mail (1 oz and under), no matter how rates rise in the future.

The United States Postal Service employs some 574,000 workers, making it the third-largest civilian employer in the United States behind the federal government and Wal-Mart. In a 2006 U.S. Supreme Court decision, the Court noted: “Each day, according to the Government’s submissions here, the United States Postal Service delivers some 660 million pieces of mail to as many as 142 million delivery points.” As of 2011, the USPS operates 31,000 post offices and locations in the U.S., and delivers 177 billion pieces of mail annually.

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