WASHINGTON (AP) - It'll cost another penny to mail a letter next year.
The cash-strapped U.S. Postal Service said Thursday that it will raise postage rates on Jan. 27, including a 1-cent increase in the cost of first-class mail to 46 cents.
It also will introduce a new global forever stamp, allowing customers to mail letters anywhere in the world for one set price of $1.10.
Under the law, the post office cannot raise prices more than the rate of inflation, or 2.6 percent. The mail agency, which expects to lose a record $15 billion this year, has asked Congress to give it new authority to raise stamp prices by 5 cents, but the House has yet to act.
The Postal Service also will increase rates on priority mail shipping, by 4 percent.
Sunday, May 19 2013 7:54 PM EDT2013-05-19 23:54:08 GMT
KHQ.COM - The 2013 Spokane Lilac Festival Armed Forces Torchlight Parade is in the books. >>
KHQ.COM - The 2013 Spokane Lilac Festival Armed Forces Torchlight Parade is in the books. With tens of thousands of people in downtown Spokane watching the parade, the floats, the marching bands, we know you took plenty of pictures! Well, we want to see them!>>
Sunday, May 19 2013 10:30 AM EDT2013-05-19 14:30:26 GMT
KHQ.COM - The results of the 2013 Spokane Lilac Festival Armed Forces Torchlight Parade are coming in. We'll post them as we get them.>>
KHQ.COM - The results of the 2013 Spokane Lilac Festival Armed Forces Torchlight Parade are coming in. We'll post them as we get them. In the meantime, if you have any photos from Saturday night's parade and want to submit them for a slideshow, please send them to email@example.com>>