{"id":1424830,"date":"2022-04-08T00:44:55","date_gmt":"2022-04-08T04:44:55","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1424830"},"modified":"2022-04-08T00:44:58","modified_gmt":"2022-04-08T04:44:58","slug":"u-s-postal-service-to-increase-postage-prices-amid-bidenflation","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/u-s-postal-service-to-increase-postage-prices-amid-bidenflation\/","title":{"rendered":"U.S. Postal Service to Increase Postage Prices amid Bidenflation"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fu-s-postal-service-to-increase-postage-prices-amid-bidenflation%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1424830&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p class=\"subheading\">The United States Postal Service (USPS) announced Wednesday that it aims to raise postage prices by July 10 and has filed a notice of the desired changes with the\u00a0Postal Regulatory Commission (PRC).<\/p>\n<p>The Forever stamp will move from 58 cents to 60 cents, marking what would be its second price hike in a year, CBS <a href=\"https:\/\/www.cbsnews.com\/news\/usps-postage-rate-increase-louis-dejoy\/\">noted<\/a>. In August, it moved from 55 cents to 58 cents. Between August of last year and this upcoming July, the stamp\u2019s cost would have gone up nine percent, or five cents, should the prices take effect. But the Forever stamp is not the only postage increase that could come this summer, according to the USPS:<\/p>\n<figure id=\"D-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"M-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"gmxrevmore\" class=\"H\"><\/figure>\n<blockquote>\n<p>If favorably reviewed by the PRC, the single-piece letter additional ounce price would increase to 24 cents, the metered mail 1-ounce price would increase to 57 cents and the price of a postcard stamp would increase to 44 cents. A one-ounce letter mailed to other countries would increase to $1.40 cents. The Postal Service is also seeking price adjustments for Special Services products including Certified Mail, Post Office Box rental fees, Money Order fees and the cost to purchase insurance when mailing an item.<\/p>\n<\/blockquote>\n<blockquote>\n<table border=\"0\" summary=\"This table lists product and price details.\" cellpadding=\"0\" style=\"width: 90%; border-spacing: 0px;\">\n<tbody>\n<tr>\n<td scope=\"col\" valign=\"top\" style=\"width: 40%;\"><strong>Product<\/strong><\/td>\n<td scope=\"col\" valign=\"top\" style=\"width: 30%;\"><strong>Current Prices<\/strong><\/td>\n<td scope=\"col\" valign=\"top\" style=\"width: 30%;\"><strong>Planned Prices<\/strong><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">Letters (1 oz.)<\/td>\n<td valign=\"top\">58 cents<\/td>\n<td valign=\"top\">60 cents<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">Letters (metered 1 oz.)<\/td>\n<td valign=\"top\">53 cents<\/td>\n<td valign=\"top\">57 cents<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">Letters additional ounce(s)<\/td>\n<td valign=\"top\">20 cents<\/td>\n<td valign=\"top\">24 cents<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">Domestic Postcards<\/td>\n<td valign=\"top\">40 cents<\/td>\n<td valign=\"top\">44 cents<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">International Letter (1 oz.)<\/td>\n<td valign=\"top\">$1.30 cents<\/td>\n<td valign=\"top\">$1.40 cents<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/blockquote>\n<p>In its release Wednesday, the USPS <a href=\"https:\/\/about.usps.com\/newsroom\/national-releases\/2022\/0406-usps-new-prices-for-2022.htm\">said<\/a> the desired price hikes are a 6.5 percent increase, \u201cwhich is lower than the Bureau of Labor Statistics annual inflation rate of 7.9 percent as of the end of February.\u201d<\/p>\n<p>Lexington Institute Fellow Paul Steidler told CBS News that the PRC simply offers advisories, meaning the agency can implement the rate changes regardless of what the commission says.<\/p>\n<div id=\"attachment_14232912\" class=\"wp-caption alignnone\"><a href=\"https:\/\/media.breitbart.com\/media\/2020\/08\/louis-DeJoy-mask-getty.jpg\"><\/a><\/p>\n<p class=\"wp-caption-text\">U.S. Postmaster General Louis Dejoy arrives at a meeting at the office of Speaker of the House Rep. Nancy Pelosi (D-CA) at the U.S. Capitol August 5, 2020, in Washington, DC. (Photo by Alex Wong\/Getty Images)<\/p>\n<\/div>\n<p>The USPS said the price changes would aid Post Master\u00a0Louis DeJoy\u2019s Delivering for America Plan, which is a ten-year effort to <a href=\"https:\/\/about.usps.com\/what\/strategic-plans\/delivering-for-america\/\">quell<\/a> the financial and organizational chaos of the agency while strengthening its sustainability and performance, according to its website. On Wednesday, the USPS said the price changes would fuel a $40 billion investment into its infrastructure over the upcoming decade.<\/p>\n<figure id=\"M-ROS-B2\" class=\"a8d\"><\/figure>\n<p>Steidler took a dig at DeJoy\u2019s plan, saying the agency is failing to meet its lowered delivery standards, which were scaled back as part of the plan, according to CBS News.<\/p>\n<p>\u201cIt\u2019s one thing to have price increases, but it\u2019s another to have absolutely abysmal service accompanying that price increase,\u201d he said. \u201cThe price increase is not in the best interest of the American people.\u201d<\/p>\n<p><span>On the same day as the agency\u2019s announcement, President Joe Biden signed The Postal Reform Act into law, which seeks \u201c<\/span><span>to shore up the popular but beleaguered agency\u2019s financial future and cement six-days-a-week mail delivery,\u201d the Associated Press <a href=\"https:\/\/www.breitbart.com\/news\/six-days-a-week-mail-delivery-saved-biden-signs-postal-bill\/\">noted<\/a>.\u00a0<\/span><\/p>\n<p><span>According to CBS News:\u00a0<\/span><\/p>\n<blockquote>\n<p><span>That legislation will provide $107 billion in direct and indirect support for the USPS, such as by allowing future retirees to enroll in Medicare and end a requirement that the agency pre-fund workers\u2019 health care benefits for the next 75 years<\/span><\/p>\n<\/blockquote>\n<p><span>A Pew Research Center Poll released in 2020 revealed that 91 percent of Americans view the USPS as favorable, making it \u201cthe most popular thing the federal government does,\u201d according to the AP.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The United States Postal Service (USPS) announced Wednesday that it aims to raise postage prices by July 10 and has filed a notice of the desired changes with the\u00a0Postal Regulatory<\/p>\n","protected":false},"author":10,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1424830","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1424830","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1424830"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1424830\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1424830"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1424830"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1424830"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}