News

It’s going to cost more to mail that letter

It’s going to cost more to mail that letter

The USPS says it needs to increase the cost of a first-class stamp. Photo: Associated Press

WASHINGTON (AP) — The financially ailing Postal Service is seeking a 3-cent increase in the cost of mailing a letter — and that would raise the price of a first-class stamp to 49 cents.

The chairman of the postal Board of Governors, Mickey Barnett, cites the “precarious financial condition” of the agency and the uncertain prospects for postal overhaul legislation in Congress.

The agency expects to lose $6 billion this year.

Wednesday’s request for the increase in stamp prices must be approved by the independent Postal Regulatory Commission.

The Postal Service said it would ask for adjustment to bulk mail rates in a filing with the commission Thursday. No details were immediately provided.

Media and marketing businesses say a big increase in rates could hurt them and lower postal volume and revenues.

Recent Headlines

in Local

Coroner: Remains Not Bianco’s; Now Says Homicide Likely

Fresh
policetape2

Sangamon County Coroner Cinda Edwards says the human remains found in Rochester last weekend do not belong to Michelle Bianco, who's been missing since 2008.

in Local

Plans Emerge for Jackson Street Pedestrian Corridor

Updated
4th and jackson

The south end of downtown Springfield could get a makeover if one organization can find the money.

in Local

Fracking Interests: Why Aren’t We Fracking Yet?

frack

The fracking people are out of patience.

in Local

IHSA Being Sued

ihsa

The Illinois High School Association is being sued for refusing to release details about its finances

in Local

Indictments Handed Down in Downtown Murder

jail

In jail on unrelated charges