Listen Live on  
 

NewsRadio KFBK

Sacramento's News, Weather and Traffic Station
 
 

Price of Postage Increases to 49 cents

 
Price of Postage Increases to 49 cents
Posted January 27th, 2014 @ 6:31pm by KFBK News - Tom Cutler

As the postal service struggles for solvency, the price of a first class stamps goes up.

The price of a first class stamps now stands at 49-cents.  The three cent jump will infuse the perennial money losing agency with cash to keep operating without having to go to Congress for another bailout.

This price hike is supposed to be temporary, but few feel it will actually be repealed in two years.  Economists say buying forever stamps are the best way to avoiding having to double stamp or go looking for three cent make up stamps.

Forevers are just that, good forever, regardless of future rate increases. 

In 2012 they accounted for 84-percent of stamp sales, so they're a good investiment if you're an infrequent postal user, too.

 

Recommended Stories

More from NewsRadio KFBK

*