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As Mr. Waldman noted, users of USPS provide most of the funding. But the lion’s share of USPS revenue comes from businesses and nonprofit organizations. They spend thousands or millions a year on postage. They respond to how much postage goes up and how quickly, not what a stamp costs in other countries.
The amount and speed of postage increases since 2019 are staggering: The price of a stamp has increased 32 percent since 2019. The problem is that many of the businesses and organizations that fund USPS cannot afford these increases and are forced to cut volume.