USPS Asks for 2007 Postage Rate Hike

The Governors of the U.S. Postal Service today proposed a "forever stamp" as part of a broader rate adjustment plan that would be scheduled to go into effect next year. Customers would be able to purchase a special First-Class stamp which would be good for any future single-piece First Class letter mailing, no matter how prices might change beyond 2007.


On the broader plan, the Governors cited increasing costs for fuel and health care as among the reasons for today's filing with the independent Postal Rate Commission (PRC) for price adjustments next year. The plan includes a three-cent increase in the price of a First-Class stamp.