Politics & Government
Price of Stamps Going Up in 2014
The temporary increase is intended to generate an additional $2.8 billion in revenue to make up for earlier losses.
It's time to stock up on Forever Stamps.
On Jan. 26, 2014, the cost of a first-class postage stamp will rise to 49 cents from 46 cents, according to U.S. Postal Service.
A book of first-class one-ounce stamps will cost $9.80. Forever Stamps purchased before the increase will still be valid for all one-ounce letters. Here's a rundown:
The U.S. Postal Service’s regulator approved the increase of about six percent, but rejected a request for a permanent increase.
The rate increase is intended to boost the USPS' revenue by $2.8 billion in two years to recoup losses suffered in 2008 and 2011.
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