US EditionUSPS wants to raise first-class stamp price to as high as 95 cents
USPS faces a $9 billion loss in 2025 and proposes raising first-class stamp prices to 95 cents to reduce losses and improve financial stability.
- On Tuesday, Postmaster General David Steiner testified to lawmakers that the United States Postal Service must raise first-class stamp prices to 95 cents, a nearly 23% increase from the current 78 cents.
- The agency faces a critical financial juncture, reporting a $9 billion loss in 2025 despite an ongoing 10-year modernization and cost-cutting plan initiated in 2021 to restore profitability.
- Steiner argued that U.S. stamps remain the "lowest-priced in the industrialized world," noting that France and England charge about $3 and $2.50, respectively, for mailing services.
- Without changes, the Postal Service risks running out of cash in less than 12 months, prompting Steiner to urge Congress to increase the agency's $15 billion borrowing limit.
- Lawmakers took no final action Tuesday, but Steiner warned that maintaining service levels requires either higher prices for postal ratepayers or increased taxpayer funding.
28 Articles
28 Articles
USPS warns stamp price could rise to nearly $1 amid financial strain
The head of the U.S. Postal Service warned lawmakers that the agency is at a critical juncture and could run out of cash in less than a year without changes.Testifying before a House panel, Postmaster General and Chief Executive Officer David Steiner cited several factors behind the financial strain, including declining mail volume and a statutory requirement to deliver mail six days a week to every address in the United States."If you want the …
Recently, the United States Postal Service (USPS) reported a possible increase in first-class stamps by the middle of this year, amid severe financial difficulty. Adjustments could lead to Americans paying nearly a dollar for sending a first-class service letter. Stamps would go from 78 cents to 95 cents, representing an increase of 22%. (Continue reading...) The USPS entry warns about rising prices of first-class stamps was first published in R…
Dead letters: US Postal Service will run out of cash in less than a year
Postmaster General David Steiner told Congress that USPS will be unable to deliver the mail within 12 months unless something changes with their funding or budget. The agency lost $9 billion last fiscal year, $9.5 billion the year before that, and another $1.3 billion in just the first quarter of 2026. From the USPS Q1 FY2026 financial results: “While we are pleased that the holiday quarter was quite strong with regard to service improvement as …
US Postal Service floats increase in first-class stamp prices
WASHINGTON, DC—Postmaster General David Steiner warned lawmakers this week that the U.S. Postal Service may face a significant financial shortfall as soon as fall 2026, floating a proposal to increase the price of a First-Class Mail stamp to as high as 95 cents. Testifying before a House Oversight and Government Reform subcommittee, Steiner said the agency could run out of cash in less than 12 months without legislative intervention or structura…
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