50-Cent Stamp, Other Postal Changes Coming

The United States Postal Service may raise the price of first class postage to 50 cents.
The U.S. Post Office, facing financial losses of up to $18.2 billion a year by 2015, wants to charge more for postage, more for services, and to suspend Saturday delivery.
The 50-cent stamp would represent an 11 percent increase in postal rates.
USPS delivers 40 percent of the world’s mail. Its revenues exceed $65 billion a year.
The service said last week that it lost $3.3 billion last quarter, and that it is forecasting a loss of $14.1 billion for the year ending Sept. 30. Such losses, said the Postal Service in a letter sent last week to Congress, would be ”unsustainable” and would cause USPS to become “a burden” to the U.S. taxpayer. The letter called that outcome “highly undesirable.”
Currently, USPS gets no taxpayer dollars for its operating expernses, which are funded by the sale of postage and postal services.
Suspending Saturday delivery would save $2.7 billion a year, the Postal Service says. Raising the cost of first-class postage to 50 cents would increase annual revenues by $1 billion.
The post office’s chief financial officer said USPS is the least expensive major postal service in the world, and that its services are “clearly underpriced.”
The last postal increase occurred late last month, when the cost of mailing a first-class letter rose from 44 cents to 45 cents. Rates also rose for packages, for periodicals, and for a wide variety of services. The law limits USPS increases overall to the rate or inflation, or 2.1 percent a year.
Before the January increase, USPS first-class rates held steady for two and a half years.
To raise revenue, the Postal Service has introduced new products. In 2012, they include Package Intercept: For $10.95 (plust Priority Mail postage), a customer can intercept and recall a package already sent before it reaches its destination.
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So we’re going to raise the rate for first class stamps again! Instead, why don’t we raise the rate on all of the junk mail I seem to get? The first class mail is subsidizing all of the junk. If we make the rates the same on both I suspect the post office would be profitable enough to stop raising the price of mailing a letter!
Posted by: steve lovejoy | February 17, 2012, 2:32 pm 2:32 pm
I’m in complete agreement with you Steve Lovejoy. I’m so sick of the ‘junk’ mail that I’ve time and time again attempted to ‘stop’ – but to no avail. Keep our Saturday deliveries and raise the price of the stamp to 50 cents, but also make junk mail senders pay much more to mail me the stuff that I do not want!
Posted by: Catherine | February 17, 2012, 2:43 pm 2:43 pm
Every single day my mailbox is stuffed with garbage mail from car dealers, furniture stores, local merchants, magazines, solicitations, travel agencies, all sorts of stuff I never asked to have sent to me. It’s called JUNK MAIL! And every time I mail a First Class letter, I am subsidizing all this junk mail, which I take UNREAD directly from the mailbox to the trash basket, and then pay to have hauled away in the garbage. STOP THIS INSANITY! Raise junk mail prices to meet their cost to the post office, and leave my first class rates alone!
Posted by: DoctorBob | February 17, 2012, 2:44 pm 2:44 pm
This is ridiculous. We just had an increase last month. Why wasn’t the prices raised to $.50 at that time instead of only a $.01? Sounds like the “officials” don’t know how to budget just like the entire Government. Maybe, they need to decrease their workforce and decrease their inefficiency. The other day a co-worker of mine went to the post office to purchase a box to mail a package and they didn’t have the box in stock. When I order mail supplies for my office through their website, it takes almost 2 weeks for the supplies to be delivered. Why? Why, does a letter being mailed from one PO Box in a town to another PO Box in the same town have to travel to another town for processing? Does that seem like that is efficient and cost effective?
Posted by: Dander | February 17, 2012, 2:44 pm 2:44 pm
I always liked his early songs. Should he get a stamp ? He got my stamp of approval.
Posted by: God of the USA Hells angels | February 17, 2012, 2:49 pm 2:49 pm
A 50 cent stamp seems OK. I am not happy with the increase but the post office here in a small town make their presence very critical. Fine. I’ll pay more
Posted by: Gregory Miller von Richter | February 17, 2012, 2:58 pm 2:58 pm
Decreasing services and making them more expensive is not a very smart way to make a business more competitive.
Posted by: Fred | February 17, 2012, 3:07 pm 3:07 pm
I cannot believe a possible increase to 50 cents for a first class letter. How many here can remember back to the 3 cent stamp and penny postcard? I sure can.
I continue to believe the P.O. needs to look internally at the unions which are at the root of the problem. Why does a P.O. employee need to make upwards of $20.00 an hour to lift such a heavy envelope? For that amount of pay, you’d think they would be required to pick up at least two letters and a postcard at one time. Gross internal inefficiency!!
Posted by: Jay Anders | February 17, 2012, 3:08 pm 3:08 pm
lets see we are losing money due to less mail being processed, so lets raise our rates , slow down our delivery and make less efficiant for people to use us, yeah that will get us alot of new business. hmmm what happens when bureucrats run a business…….idiots
Posted by: tom | February 17, 2012, 3:10 pm 3:10 pm
First class postage does NOT subsidize anything. The bulk mailing rates are lower because the cost to process them is lower. You can get those mailing rates as well, if 1) you don’t care who specifically gets it, 2) you don’t care that it isn’t returned if USPS can’t deliver it, and 3) you’re willing to take the time to comply with any sorting, bundling, and other requirements of the rate you’re paying.
Posted by: MyTake | February 17, 2012, 3:16 pm 3:16 pm
Stop selling all the extra garbage at the post office as well. I don’t need birthday/get well/etc cards, no dolls, no pretty packages, whatever other stuff is hanging on the wall for sell. They should only be selling stamps and taking mail. Pre-sorted, Non-profit, Blind, etc should pay the same rate as everyone else. Try adding in town/out of town mail boxes. So much mail is needlessly sent to far off locations only to be resent back down to the location down the street.
Posted by: SB | February 17, 2012, 3:25 pm 3:25 pm
What happens when they make a 50-cent stamp of 50 Cent?
Posted by: Adam | February 17, 2012, 3:29 pm 3:29 pm
I bough a bunch of Forever stamps when they were first issued. That seems to be one of the best investments I ever made!
Posted by: TeaPartyNation | February 17, 2012, 3:58 pm 3:58 pm
The stamp collectors might appreciate the variety of stamp sizies, shapes and pictures but that is another waste of time and money. Think how much time the clerk spends doing the math to figure if you put enough cute, various stamps on a package. Why not simple color/number stamps?
Posted by: SisMarCat | February 17, 2012, 4:04 pm 4:04 pm
All it takes is one trip to the local post office to observe how inefficient the place is ran. The worker at thecounter should collect the money in a quick transaction and not to spend 30 min. on explanation on how people should fill out form and package their goods. These helping operations should be staffed to a separate table to answer inquireies and help people who needs help. For the rest of us, we just want to pay at the counter and avoid the line of 45 min. wait. With this small change in Service policy, I think the post office can collect more revenue. Increase the speed of serving the customers at the counter to collect money is key.
Posted by: William | February 17, 2012, 4:26 pm 4:26 pm
Why does 50-Cent get a stamp? Please. Maybe someone like Ludacris or Young MC, but certainly not 50-Cent!!
Posted by: What? | February 17, 2012, 4:32 pm 4:32 pm
Hate to disappoint you Steve and Dr Bob, but rates for Standard Mail (what you call “junk mail” went up as well). Rates went up across the board. And for those of you who complain about the “junk mail” in your mailbox; if it weren’t for the “junk mail” you would be paying over $1.00 for a letter!! I love how people who have never seen what it takes to get a letter from one mailbox to another complains about the cost of a letter. The processing plants are a thing of wonder including machines that will flip an envelope right side up and facing forward in order to cancel the stamp. And that is just one machine that the one letter passes through. For those who say, “I remember when a stamp was a nickel!!” Well, I can remember when a Snickers bar was a nickel. How much is that now? Over $1.00. Stop complaining and be grateful you life in a country that has the great postal service in the world. GEEZ!!!
Posted by: C Kearns | February 17, 2012, 5:03 pm 5:03 pm
More money, less service, now where have I seen that before.
Posted by: Pablo Gerdez | February 17, 2012, 5:43 pm 5:43 pm
maybe i am missing something here. if postage goes up, and sat. deliveries are ceased, that translates into $3.7 billion. where is the rest of the yearly projected loss of over $18 billion supposed to come from. i am sick to death of hearing about USPS woes and how it’ caused by their supposed lowest rates anywhere. how did they survive for so many years at a profit? what happened to way they ran it back then? maybe the powers that be see the unfortuitous end to postal service as we know it, and are socking away billions in private accounts.
Posted by: Marcel P Levesque | February 17, 2012, 6:16 pm 6:16 pm
The money woes of the USPS are caused by a law passed by Congress in 2006 mandating the USPS to prefund 75 years of future health care benefits (those people haven’t even been born yet) in 10 years. The USPS is the only company to have to prefund. If not for that, the USPS would have profited every year except last year. As usual, the blame lies with Congress.
As for the 50 cent stamp, I can’t believe that people complain about the price of a stamp. I think it’s a great deal to mail a letter across town, much less send a letter across the country. Get a grip. When a stamp was 3 cents, a car was $2000 and bread was a dime. Prices have gone up with everything.
Posted by: Sandra | February 17, 2012, 6:42 pm 6:42 pm
Marcel, ther rest of the savings will come from reduction in the workforce. This will happen largely in the letter carrier group. There will also be a fuel cost saving, all those mail trucks will not be burning fuel on Saturday. It would be a huge savings, I do not know the exact number, but makes good business sense. I cannot beleive I just said “good business sense” in reference to the postal service, but in this case, it is. Forget telling them to get rid of the top-heavy management, they are in denial about that, and will contiue to stay that way. Who really cares if they get mail on Saturday anyway?
Posted by: JDog | February 17, 2012, 6:51 pm 6:51 pm
Sandra, as ludicrous as that sounds, i will take you at your word on that. BUT, in the same statement you say, ”if not for that,,,,”. well, what happened last year with profits supposing that ridiculous law hadn’t been passed? a few comments i have read seem to have come from employees of USPS. i remember my dad working for them as a custodian earning twice what the same job paid any where else. maybe the answer is a 10% pay cut across the board. that just may be enough to cut the deficit and fund the ‘prefund’.
Posted by: Marc | February 17, 2012, 6:53 pm 6:53 pm
The Post Office is such a torturous experience; full of long lines with minimal staffing of old faces filled with monotone voices — you show me ONE person who LIKES to go to the Post Office and I’ll find you Obama’s US Birth Certificate! To continue to raise the price of an antiquated system seems like an oxymoron — why not join the rest of the shipping industry, who’s taking your business, and add in some Customer Service!
Posted by: CindyS | February 17, 2012, 7:06 pm 7:06 pm
Cindy…I have alot of customers who ENJOY coming into our Post Office and no we dont live in a
one horse town or have two customers a day. I just know my customers and try to give them what
they want without having to ask a thousand questions . I get compliments all the time for the way I help customers save money and time. I just treat my customers the way I want to be treated, I dont have any control over the price of a stamp…I remember when gas was 25cents too but that was then
this is now..if you can drive your letter across your state for 45 or 50 cents go right ahead!
Posted by: RJ | February 17, 2012, 8:27 pm 8:27 pm
I agree with all of y’all. It is rediculous the amount of junk mail that we get. On email I can understand it, even though I don’t like it in there either, but as soon as we visit a site whether we subscribe from them or not, you can bet on hearing from them, but you can delete them by unsubscribing. So no problem there.
Why doesn’t the USPS look at all the mistakes that are being made by their carriers, like always putting someone else’s mail in the wrong box. The carriers are coming later and later everyday. What about calling the post office because you are having a problem. I still remember the turmoil I went through one time, when I found charges on my debit account at the bank for postage services where I could print them from home. I never ordered anything like it. I went on line and ordered a roll of 100 stamps, that was all I ordered. I kept getting shuffled back and forth between the online usps and the post office and neither one would do anything about it. So the way I see it,if they raise the postage, we are the ones paying for their mistakes.
Kathy
Posted by: Kathy Stevenson | February 17, 2012, 9:31 pm 9:31 pm
You complain about postage going up? Do you really know what goes on behind the scenes? No you don’t. Being a postal worker is a tough job. We have to make sure that everyones mail gets there on time in rain sleet snow. It doesn’t matter what the weather is we deliver. All mail runs through machines to get it to you quicker. We have mail go on planes to get it there in less time. Did you ever think we have to rent the space on the planes to get your mail there? Nope didn’t think so. You all complain about gas prices. Do you not think we have to deal with that too? Ok think 40 mail trucks at almost 4 bucks a gallon and miles to deliver your mail. Do you think it adds up? No! Some of you complain about our fancy boxes well there are people that love them. we do offer a lot of services. Stop using the internet to send your messages. Pick up a pen and paper and mail it. Maybe that way we can boost our sales and not have to up prices. Oh and that junk mail yeah that keeps your costs down. The other who complained about our salary well not all of us receive that pay. Those that have been there for 30 years or so do but do you know what they are trying to do to them? They are trying to force them into retirement. Those that come in new we don’t have any benefits. We only have a 300 day contract and have 2 hours promised every 2 weeks. Doesn’t sound like much now does it. Think twice before you speak. The post office has come a long way since it started. More homes, more deliveries, more services. It’s not the pony express any more. You want 3 cent stamps. Drive 20 – 30 miles to drop your letter off. That might just happen if we can’t get revenue up.
Posted by: Steph | February 17, 2012, 10:20 pm 10:20 pm
The USPS has no one to blame but itself. They paid no attention to the advances of email, other mail/parcel services. So far, in my area, small post offices have been put out of business, allowing its customers to drive lengthy distances to retrieve their mail. Those people have a right to try mail services elsewhere. If the USPS thinks that pricing their services to the point where alternative mail services are the better option, then the USPS needs to rethink what it’s doing. Why waste millions of dollars trying to sell useless “gift” items that are pure junk and over priced. The P.O. could make more money by not wasting money on superfluous junk.
Many years ago I took the postal workers exam, and I passed it and landed in the top 10%. Did I get the job? No. It IS a tough job physically and mind-bending mentally. Yet there are many people who been there for years and love their job. I went to work for the Feds, in another department.
If the USPS wants to play stupid and think the public will have sympathy for them, they need to think again. However, I agree that now is the time to start buying and hoarding the Forever stamps.
Today’s postal workers make too many mistakes and too much money and don’t really care about what they’re doing or the customers they’re ticking off. I’ve had a number of bad experiences since I’ve moved to my new location, and I hate having to deal with the postal system at all. It they don’t care about their job or the customers they’re dealing with, then they can raise their rates through the roof, and I can quit sending cards and using email. I can use another shipping service for parcels. If they want to tick me off, then I can take my business elsewhere. They aren’t seeing they have plenty of competition waiting to take the place of the P.O. I don’t think they can raise postal rates to 50-cents without many fights and arguments against the USPS. .
Posted by: mousie | February 17, 2012, 11:28 pm 11:28 pm
I personally think the post office does a great job overall. And the cost of mail hasn’t gone up any more than anything else of value. We take what they do for granted. I can reach outside my door and leave a letter and three days later it is in the hands of someone across the country? That ain’t bad, folks.
Now, of course it is a bloated, mismanaged boondoggle. It’s the federal government, after all.
Posted by: Paul | February 18, 2012, 7:33 am 7:33 am
USPS sucks big time. I don’t receive but 2 or 3 mails a month that are relevant to me. All bills are paid on line. Paychecks are electronically deposited. The USPS is so out of touch like the slow pony galloping across the desert picture. And I don’t work in a union environment so I hate union. And I don’t get early retirement so I hate early retirement.
Posted by: Cathy Mosconi | February 18, 2012, 3:02 pm 3:02 pm
Cathy M: is there ANYTHING that satisfies you?
Yes: there’s too much junk mail floating around and congregating in my mailbox. Like many people, I pay bill and order goods online and use email regularly. But I also enjoy sending real letters. Selecting the card or paper, deciding which pen to use, writing a short note or 10 pages longhand–it’s a sensual/sensory experience more people could enjoy. A 50 cent stamp is still a bargain. And I, too, stock up on” Forever Stamps.”
So, Cathy, chill, send a note to a friend, hope to get a reply.
Posted by: gregory brown | February 18, 2012, 8:13 pm 8:13 pm
Complain about the 50 cents, but have you lately tried to send a letter with UPS or Fed-Ex. We need the US Postoffice, so support it. Mail a Thank You card for the gifts you received in the past, the recipient would be surprised and think you care. Most Grandparents are not up to speed on e-mails, but would appreciate a hand written note.
Posted by: Lizzie | February 19, 2012, 11:41 am 11:41 am
I have to confess that I use postage stamps so seldom, I have to go online and see what the current price is and what my stamps are worth (not all the no-price-listed stamps are “forever” stamps). In a rush, I stick two old stamps on the envelope to make sure I’ve covered the postage.
Posted by: The_Mick | February 20, 2012, 5:46 pm 5:46 pm
I am really tired of all the so-called experts who know everything about the Postal Service and NEVER worked there. Part of my job was to train the new people who were just starting and if I had a dime for all the people who couldn’t cut it, I’d have retired by now. Most of the people making those comments wouldn’t last a DAY doing my job. And many didn’t. My favorite quip from one of the quitters was “Too much work.” Gotta love it. The postal haters are here to stay, and I for one am not going to try to convince them otherwise. Someone is always trying to cut us down. Do we make mistakes? Are we human? Are they done on purpose? I’d like to see these complainers work ONE day, bet we wouldn’t hear a peep. And as far as the “Postal Bailout”, what postal bailout? We haven’t asked for one cent from the “Taxpayers”. We don’t get anything from the taxpayers except their patronage. I’m actually tired of trying to explain that one. But these know-it-alls will spew their ignorance around and you know what they say, ignorance is contageous. The newcasters aren’t much better. They have their angle, so much for unbiased news. We are not asking for sympathy, but if you think the U.S. will be better without it, think again. Anyone price how much it is for UPS or FEDEX to express anything? or send a letter for that matter? Think about the elderly, who still rely on stamps to send their bills and cards and letters. You think the world is an unfriendly place now? Just wait.
Posted by: Elaine | February 21, 2012, 5:55 pm 5:55 pm
I don’t have a problem with pricing or junk mail, I’m just baffled as to why everything regarding the post office is so much worse in Los Angeles, than anywhere else I’ve lived (several major cities). There’s no blaming the weather or the revenue stream!
Posted by: AJ | February 22, 2012, 1:39 am 1:39 am
I’ve just spent fifteen minuters reading all the above comments about USPS. 75% look like they are from whiners and 25% read like they are from USPS employees. Most need to realize that the cost of doing business and the cost of living has increased as much for one as for the other.
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