stamps increase price

Stamps go up to 39 cents
— reported by KHOU CBS Channel 11(1)

It will cost Americans 2 cents more to mail a letter starting Sunday. First-class postage rises to 39 cents for the first ounce.

The increase follows legislation requiring the Postal Service to place $3 billion in an escrow account this year. Another rate boost is likely next year to cover rising costs for the agency. Stamp prices last went up in June 2002.

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Author: Paloma Cruz

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