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Forever Stamp Price Hike Looms | Texas News
The U.S. Postal Service is raising the price of a Forever stamp to 82 cents starting July 12th, part of a broader effort to combat mounting financial losses — including a $9 billion net loss last year — and avoid a potential cash shortfall by 2027. With approval from the Postal Regulatory Commission and additional temporary hikes on priority mail, the Postal Service is urging Congress to boost its borrowing capacity to stay afloat. Their 10-year “Delivering for America” plan aims for long-term stability, even as they stress that their rates remain competitive globally despite rising costs…
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