Cost of higher stamp prices now in effect: USPS increases first-class forever stamp to 78 cents
The United States Postal Service (USPS) increased the price of first-class forever stamps by 5 cents on Sunday, July 13, moving from 73 cents to 78 cents. The higher stamp prices are now in effect nationwide.
ADVERTISEMENT According to Marti Johnson, a senior USPS representative, the price hike represents a 'rational and realistic approach' as the Postal Service continues efforts to address long-term financial challenges. USPS originally submitted its request for the rate adjustment to the Postal Regulatory Commission in April.
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The agency's latest increase reflects ongoing efforts to achieve financial self-sufficiency after a decade marked by significant operational and financial hurdles. Former Postmaster General Louis DeJoy, who left his position in March, previously cautioned postal customers about the likelihood of 'uncomfortable' rate hikes moving forward. DeJoy argued that the increases were necessary due to 'at least 10 years of a defective pricing model.'
DeJoy's resignation ended a nearly five-year tenure that included efforts to overhaul USPS's pricing and operational strategies. His departure came after discussions within President Donald Trump's administration and Elon Musk's Department of Government Efficiency about potentially privatizing the Postal Service to address long-standing financial issues. Following DeJoy's resignation in March, Deputy Postmaster General Doug Tulino has assumed the role of acting Postmaster General while the Postal Service Board of Governors continues the search for a permanent replacement.
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ADVERTISEMENT Trump had considered placing USPS under the control of the Commerce Department in an attempt to curb financial losses at the $78 billion-per-year federal agency. USPS has faced persistent fiscal challenges tied to the ongoing decline in first-class mail usage and shifts in consumer behavior.Postal workers across the country have actively pushed back against proposals to privatize the Postal Service, voicing concerns over potential job losses and service delays that could result from sweeping structural changes.
The latest stamp price hike is part of USPS's broader financial strategy as it works to stabilize operations and modernize services in response to market conditions.
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Time of India
34 minutes ago
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First Post
36 minutes ago
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How Donald Trump's weapon deal with Ukraine is inviting Maga ire
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NDTV
40 minutes ago
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"Can You Hit Moscow?" Trump Asked Zelensky To Make Putin "Feel The Pain"
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