Thursday, April 27, 2006

USPS considering another price hike

The Federal News Service says, "You may soon be feeling the burn of rising gas prices at the post office. "

According to their report, Postmaster General John Potter is considering another price hike because of climbing fuel prices and may file a proposal for another the increase as early as this month."

"The increase would pay for higher gas prices, increases in pay and health benefit costs. Since 2002, the price of fuel and electricity have increased by more than $2 billion a year," Potter says.

There is no word yet on how much the new stamps would cost, but the new price could take effect in early spring 2007.
Bookmark and Share
posted by Don Schilling at 12:01 PM