"For the first time since Woodrow Wilson was president, the price of a US postage stamp is set to decrease in April.
According to the US Postal Service, the price of a US-bound first class stamp will decrease 2 cents — to 47 from 49 cents — starting April 1o. Stamp prices last declined in 1919 when the price of a first class stamp fell to 2 cents from 3 cents.
This expected decrease stems from an act of Congress passed in 2013 that allowed the USPS to add a 4.3% surcharge in order to stem the massive losses for the Service because of the Great Recession."
According to the US Postal Service, the price of a US-bound first class stamp will decrease 2 cents — to 47 from 49 cents — starting April 1o. Stamp prices last declined in 1919 when the price of a first class stamp fell to 2 cents from 3 cents.
This expected decrease stems from an act of Congress passed in 2013 that allowed the USPS to add a 4.3% surcharge in order to stem the massive losses for the Service because of the Great Recession."
