USPS Raises Forever Stamp to 82 Cents on July 12 as $9 Billion Loss Mounts
Updated
Updated · CBS New York · Jul 7
USPS Raises Forever Stamp to 82 Cents on July 12 as $9 Billion Loss Mounts
3 articles · Updated · CBS New York · Jul 7
Summary
82-cent Forever stamps take effect Sunday, lifting first-class postage from 78 cents in the latest USPS rate increase.
A $9 billion fiscal-2025 loss drove the hike as operating costs rose $1.8 billion, revenue gained only $1 billion and mail volume fell 3.7%.
Other products also rise Sunday, with domestic postcards increasing to 65 cents from 61 cents and international postcards and letters to $1.75 from $1.70.
The Postal Regulatory Commission approved the increase in May but warned about USPS finances, delivery performance and shrinking mail volumes amid bipartisan complaints over delays.
USPS officials have signaled more increases ahead, with Postmaster General David Steiner saying first-class stamps may need to reach 90 to 95 cents to stabilize finances.