Postal Service Request to Raise First Class Stamp Price Rejected

by Danny King on Sep.30, 2010, under Towing

The U.S. Postal Service’s attempt to raise the price of a first-class stamp to 46 cents from 44 cents was unanimously rejected today by an oversight board, which said the Postal Service failed to sufficiently quantify either the effect of the recession on operations or how much mail shipments would decline if rates were increased.

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Postal Service Request to Raise First Class Stamp Price Rejected originally appeared on DailyFinance on Thu, 30 Sep 2010 17:02:00.