READ FULL ARTICLE AT » https://federalnewsnetwork.com
- The Postal Service is falling into pattern raising stamp prices each January and July. But its regulator is considering limits to those price increases.
- A proposed rule from the Postal Regulatory Commission would cap USPS to only raising prices once per year.
- The regulator gave USPS the freedom to set mail prices higher than the rate of inflation in 2020 when the agency was at risk of running out of cash.
- USPS is planning to set the price of a first-class Forever stamp to 78 cents next month.(Procedural order on phased rulemaking – Postal Regulatory Commission)