USPS raising the price of a Forever stamp starting on Sunday
Summary
The U.S. Postal Service will raise the price of a first-class Forever stamp from 78 cents to 82 cents starting Sunday to help reduce financial losses. The USPS has raised stamp prices several times in recent years due to rising costs and fewer mailed letters.Key Facts
- The price of a Forever stamp will increase from 78 cents to 82 cents starting July 12.
- Postcards and international postage prices will also go up on the same day.
- The USPS is facing financial losses, including a $9 billion loss in fiscal year 2025.
- Mail volume in the U.S. fell by 3.7% in the last fiscal year.
- The Postal Regulatory Commission approved the price increase but expressed concerns about USPS finances and mail delivery speed.
- Some lawmakers have reported problems with delayed mail deliveries in their states.
- USPS officials said stamp prices may need to rise further to around 90 to 95 cents to fix financial issues.
- Older Forever stamps bought before the increase will still be valid for mailing.
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