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USA Today reports that as expected, the US Postal Service (USPS) has requested a two cent increase in first class postage, to 46 cents. According to the story, the deficit-plagued USPS has “proposed mitigating the problem with an average 5.6% increase on a range of services that include first-class mail, advertising mail, periodicals and packages. The increase, about 13 cents a month for the average household, would go into effect Jan. 2.”

The Postal Regulatory Commission has three months to approve or veto the proposed rate increase.
KC's View:
I was actually in the post office yesterday and tried to buy “forever stamps,” which can be used for first class postage even if rates go up. Needless to say, they didn’t have any.

I asked the clerk about the proposed increase, but he didn’t know anything about it. however, he conceded that the post office has been facing tough times, saying that the reason is “that internet thing.”

No kidding.