If the U.S. Postal Service was a business, it wouldn’t be in business for long. The agency lost $9.5 billion in fiscal year 2024, and expects to lose $6.9 billion in FY 2025.
America’s mail carrier has hiked prices on stamps six times over the past five years, and that clearly hasn’t worked to stop the tsunami of red ink. Ever eager to double down on disastrous policies, the agency plans to hike stamp prices five more times through 2027. Next up: a jump in stamp prices this July, from 73 cents to 78 cents per one ounce letter.
Instead of gouging the public, the USPS needs to cut costs, institute real reforms and deliver for taxpayers and consumers.
