U.S. Postal Service Proposes Stamp Price Increase to 73 Cents

The proposed increase, set for July 2024, aims to address financial challenges and ensure the agency's sustainability.

The U.S. Postal Service has proposed raising the price of First-Class Mail Forever stamps from 68 cents to 73 cents, effective July 2024.
This marks the second price increase in 2024 and the fourth within a year, reflecting ongoing financial struggles.
The price adjustments are part of the USPS's 10-year Delivering for America plan, which seeks financial stability and improved service.
Public reactions are mixed, with some expressing concern over affordability, especially those on fixed incomes.
The Postal Regulatory Commission must approve the proposed changes before they can be implemented.