Postage: A Costlier Christmas?

A Costlier Christmas?

The U.S. Postal Service will soon be offering some priceless stamps. Literally. In June it began producing its latest line of Christmas stamps in the midst of a continuing rate war with its overseer, the Postal Rate Commission. The Postal Service is dissatisfied with the current 29 cents price of a first-class stamp, which the Rate Commission approved in January in defiance of a long-standing request for a 30 cents stamp. The extra penny would bring in $850 million a year for the Postal Service, which is as hard hit by the recession as any business. The Postal Service has one...

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