Stamp Prices Go Up Sunday
Sonora, CA — It´ll cost Americans more to send mail beginning tomorrow.
The price of mailing a first-class letter goes up by two cents to 39 cents. It´s the first rate increase since 2002.
Congress is requiring the Postal Service to put more than $3 billion into an escrow account this year, and with rising costs, another rate hike is likely next year.
One customer at a post office says he doesn´t have a problem with the hike. He says it´s the price we pay for having delivery protected by the federal government.
He sees it as tax-money being recycled. But another customer says she´s puzzled by inflation in general.
Postal officials say any letter mailed before the end of the day with a 37 cent stamp will still be accepted.
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