The price of a one-ounce letter’s postage will go up to 68 cents effective Jan. 21. The corresponding metered letter will go up to 64 cents. The corresponding current rates are 66 and 63 cents.
It is the fourth stamp price increase in 18 months.
The increases are part of the Postal Services’ 10-year Delivering for America plan, enacted in 2021 by Postmaster General Louis DeJoy. The plan was “absolutely necessary to put the Postal Service on the path to service excellence and financial stability,” he told a U.S. House committee in May 2023.
Keep Us Posted indicates, “This is the fourth increase in 18 months—the most mailing rates have increased during the U.S. Postal Service’s 248-year history. These increases have harmed mail volume and have not helped the USPS achieve financial stability. In fact, the USPS posted a $6.5 billion loss for FY2023 and is predicting a $6.3 billion loss this fiscal year.”
If you wish to voice your sentiment on this, please contact either Devin Kelsey with Rep. Cleaver (Devin.Kelsey@mail.house.gov / 202-225-4535) or Henry Kane with Rep. Graves (Henry.Kane@mail.house.gov / 202-225-7041).