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Increasing Costs: USPS to Implement New Rate Hikes on Various Postal Services

· Telemundo McAllen (KTLM)

The United States Postal Service (USPS) will implement new postal rates starting Sunday, July 12, following approval from federal regulators. The price of sending a letter will increase, with the cost of a standard stamp rising from 78 cents to 82 cents. This marks a nearly 50% increase in stamp prices over the past five years. USPS states that the price hikes are necessary to offset rising operational costs and maintain financial self-sufficiency. Other rate changes include increases for postcards and international mail. The Forever stamp will also see incremental price increases in the coming years.

AI summary · Source: Telemundo McAllen (KTLM)

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