Postal Regulatory Commission Recommends Postage Rate Increase and Creation of "Forever Stamp"

Today the Postal Regulatory Commission released a report recommending U.S. Postal Service rate increases which could go into effect as early as May 2007.  Some highlights from the Commission report include:

• An increase in the price of a first-class stamp by two cents - from 39 cents to 41cents
• An increase in the price of mailing postcards by two cents - from 24 cents to 26 cents
• The creation of a new "Forever Stamp."  Forever Stamps would be sold in limited quantities for the price of a first-class one-ounce letter, and would continue to be worth the price of a first-class one-ounce letter even if that price changes.

For more information:

• Docket R2006-1: Opinion and Recommended Decision - Contains the full text of the Commission recommendations and proposed postal rate changes.
• Docket page R2006-1 - Contains a variety of background documents.