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Postal rates to 1847. Initial United States postage rates were set by Congress as part of the Postal Service Act signed into law by President George Washington on February 20, 1792. The postal rate varied according to "distance zone", the distance a letter was to be carried from the post office where it entered the mail to its final destination.
The price increases are due to the change in mailing and shipping marketplace, according to the U.S. Postal Service. The increase will help cover the service's 10-year Delivering for America plan.
The price hikes are part of the USPS 10-year "Delivering for America" plan intended to financially stabilize the Postal Service. Forever stamps cost 55 cents when the plan was introduced in 2021.
Postal service in the United States began with the delivery of stampless letters whose cost was borne by the receiving person, later encompassed pre-paid letters carried by private mail carriers and provisional post offices, and culminated in a system of universal prepayment that required all letters to bear nationally issued adhesive postage stamps. [1]
A new stamp price increase went into effect on Sunday, July 10, and includes a price hike for forever stamps. and prices at the post office.
The USPS will bump the cost of a first-class Forever stamp to 73 cents on July 14, a 5% jump from the previous price point and 10 cents above the price at the start of 2023. The announcement about ...
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