U.S. POSTAGE STAMP PRICE GOING UP AGAIN

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(AP) – The United States Postal Service officially announced the
price of Forever stamps and other postage will go up on Jan. 22,
2023. The move has been anticipated for months after Postmaster General Louis DeJoy said in August that increases would be
necessary to keep up with costs. Inflation was expected to add
$1 billion to the Postal Service’s operating budget. 

The USPS plans to increase prices of affected postage by 4.2%,
which amounts to a few cents per stamp. The cost of a Forever
stamp would go up 3 cents, from 60 cents to 63 cents. The price
of Forever stamps just went up in July from 58 cents to 60 cents.

A year ago, the stamps cost 55 cents.

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Postmaster general Louis DeJoy (65).

US #1 First postage stamp

On July 1, 1847 Congress authorized our
first prepaid postage stamps so that the
sender, rather than the recipient, paid for
the delivery of the letter.

Our first Postmaster, Benjamin Franklin,
was the first person in the  world other
than a head of state to be on a stamp.
US Scott #1 5¢ Franklin (above).

posted by Bob Karm in Blog Reminder,CURRENT EVENTS,HISTORY,Increase,Post Office,Postage stamps and have No Comments

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