USPS says stamps will rise to 58 cents as part of Postal Service's 10-year overhaul

[CatWoman]

The U.S. Postal Service said it will raise rates on postage for letters, postcards and other mail services this summer as part of Postmaster Louis DeJoy's 10-year plan to overhaul the agency's flailing finances. The cost of a stamp for first-class mail will increase to 58 cents from its current 55 cents.

DeJoy, whose tenure has been marked by controversy over his operational changes at the service, earlier this year unveiled a 10-year plan to overhaul the USPS. He said the changes are necessary to stanch billions of dollars in losses and put the agency on the path to profitability — and on Friday he said raising postage rates are part of the effort to boost revenue.

Single-piece first-class mail volume, such as letters that have postages stamps, has declined 47% during the past 10 years, the USPS said Friday. Even with the latest increase, the USPS said it will continue to have "some of the lowest letter-mail postage rates in the industrialized world" when they go into effect on August 29.

https://www.cbsnews.com/news/postage-stamp-58-cents-usps/

[I_UndergroundPanther]

1. No more forever stamps

Drop dead dejoy. Fucking asshole piece of shit conservative trash.just keel over and die scumbag.

I hate what people like dejoy are turning this country into.

I hope the January third investigation ties all these assholes together and we get them out of positions of power. Every last bit of conservative trash outta here!

[JHB]

3. Where did you see that part? I didn't see it in the article.

If that's the case, instead of just bumping up the price of buying new ones, how would it affect old ones?

[I_UndergroundPanther]

4. That's what I am wondering too

[JHB]

11. Before you wonder, pause: Is that actually the plan?

Ever since Forever stamps became the standard, all a price increase meant was that new ones cast the new price. You could still use the ones you'd bought at the old price. That was the whole point of having them.

Unless you've seen something that says that they're changing that, then the odds are pretty strong it'll be handled as it was in the past.

[Tree Lady]

20. I think they will keep them because it cost more

To make the extra 2 or 3 cent stamps to go with old ones.

[no_hypocrisy]

2. What about revoking the prepayment of postal workers who haven't been born yet?

[I_UndergroundPanther]

5. Yes but a fucker like dejoy will

Never get rid of it so we got to get rid of him.

[no_hypocrisy]

7. It has to come from Congress, not DeJoy.

[Orrex]

6. Fuck it. Make them a dollar.

It would still be more than worth it.

[WarGamer]

9. absolutely.

You can hand a letter to a counter agent in San Diego and it will be placed in your mailbox, by hand in Bangor, Maine for $0.58... that's 2700 miles.

[Amishman]

15. Yup, make them $1 and use the extra revenue to overhaul tracking and sorting

The current methods and technology used by the postal service seem inadequate for the volume they now receive.

I'd love to see tracking eventually for every single letter.

[Tree Lady]

21. I was going to post the same I will pay

A dollar a stamp to have it go back to how it used to be.

Businesses that buy a lot could get a discount.

[WarGamer]

8. It's the right move.

Think about it.

They're moving a one ounce parcel from Seattle Wa to Miami Fl for $0.58

That's dirt cheap. Frankly it should be $1 for a 1st class stamp.

Not defending DeJoy of course... but I bet the USPS Board agrees with this...

[Deuxcents]

10. I call B S

This guy destroyed or removed 4,926 mail-sorting machines. Some due to upgraded machines..some just destroyed or removed by his “sabotaging”. Time to fire/remove him. Numbers from The Hill on September 9, 2020. Anyone know the current count? In all fairness to the postal system.. I agree. A first class mail from coast to coast for 58 cents is more than reasonable...my beef is his destruction of property n his timing doing so.

[MichMan]

13. There was no need for that many letter sorting machines anymore

When letter volume is way down. They are better off using the space to handle the increase in packages

[Klaralven]

12. I'm down to about 15 -20 stamps a year.

[roamer65]

14. The hobby of stamp collecting has pretty much died.

That means tons of valid old stamps are available at a discount. My effective postage rate is about 33 cents presently since I use the old stamps for what few letters I send now.

Saves money and makes for colorful envelopes.

[madville]

16. Paper mail will continue to decline and eventually cease to exist

The USPS has to reinvent itself as a parcel delivery service if it’s going to survive. There really is no reason to have paper mail anymore with the technology we have, it’s a waste of natural resources and fuel these days.

[MichMan]

17. Yet many argue that removing any letter sorting machines should be a crime

Because any day now, people will stop using e mail communications and go back to writing letters and mailing bills

[madville]

18. The conspiracy theory is that less machines makes it harder to vote

Never really made any sense, some on the left are as looney as those in the right.

[Tree Lady]

22. That's why I liked Elizabeth Warrens idea

Of having a banking service at the post office. It would definitely be more profitable.

And what about junk mail? Thats where most mail these days is from.

[roamer65]

24. I think it's a GREAT idea.

I do believe the Japanese do it.

[roamer65]

23. First class letters will be around for quite a while yet.

People still use it to send cards, checks, etc, etc to one another. It will simply shrink in volume and get more expensive.

[spanone]

19. part of dejoys plan to destroy the USPS

NOTHING LESS