July 7, 2010 in City
Postal Service asks for 2-cent stamp increase
WASHINGTON – The U.S. Postal Service on Tuesday proposed a 2-cent increase to the price of a first-class stamp.
The Postal Service, facing an estimated $7 billion shortfall in 2011, seeks to charge 46 cents for a first-class stamp, effective Jan. 2. The hike, along with proposed increases to the cost of mailing magazines and newspapers, would raise an estimated $2.3 billion by the end of next year.
Officials also said they plan a new design for Forever stamps, which currently have an image of the Liberty Bell. New Forever stamps will have images of evergreen trees. All Forever stamps would remain valid.

Spokane7

UniKyrn on July 07 at 8:15 a.m.
$7b - $2.3b = $4.7b shortfall?
Going in the hole slower is their solution?
Between math like this, and routing packages through the east coast when you mail them from WA to CA, no wonder nobody wants to use them any more.
tsbryan on July 07 at 10:43 a.m.
Put a genius in charge, get genius results.
Dazzeetrader11 on July 07 at 12:12 p.m.
They don’t want to produce more. They only want more money from the taxpayers. Unions should be ashamed….as should be the workers. This is one reason America cannot pull out of this depression. It’s a trend across the board. Asking for more money but doing doing nothing for it. This service should be abolished. Let other mail type companies compete for the work. UPS, Fed Ex , etc would do a better job cheaper and relieve the taxpayer of this disaster called US Postal Service.
misjustice on July 07 at 8:03 p.m.
Taxpayer dollars do NOT support the USPS DAZEE RAIDER; remember YOU read, try doing some research on how the USPS is funded. All of their expenses, including their richly undeserved pension fund, are paid for through postal rates, you dolt!
The taxpayers do NOT fund the USPS!
Dazzeetrader11 on July 08 at 12:32 a.m.
Ok smartass…who funds the service? COngress votes on it every year. Postal rates don’t fund it enough…allocations are made every year by our representatives. Guess where they get the money??? Postage has fallen by 12.7% from 2008 to present. And yet…the USPS asks us for more….and for what? They do less work.
If you had a brain on top of that big size 12-16 body…you would know the whole business model doesn’t work. The business model is generated by who? Post master General and the unions…who continue to do less but want more.
A for profit private company would do more with less. It’s why business that’s private does better. Get those unions off the taxpayers backs and thing will get better. The problem is that the unions don’t want to get off our backs. Nobody has forced them off…they still like to deliver junk mail which has no vvalue except to whom? THEM…more layoffs if they lost the junk delivery.
They layed off 40,000 workers and still lost money…why? union pensions which so seems to can’t understand….and their raises. When willl this game stop? When UPS or some compnay roles in and gets a better business plan. That’s what I was trying to school you with J…business works! Socialism doesn’t. Everyone knows it….why don’t you?