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View Full Version : Going Postal: Postage rate hikes take effect Sunday


Donger
01-06-2006, 01:54 PM
http://money.cnn.com/2006/01/06/news/economy/postage.reut/index.htm?cnn=yes

F*ckers.

WASHINGTON (Reuters) - U.S. postage rates go up starting Sunday for the first time since 2002, raising the price of mailing a first-class letter by two cents to 39 cents.

The increases will affect all types of mail and packages, including postcards, which will go up by a penny to 24 cents.

The increases of around 5 percent will help build a congressionally mandated reserve fund. According to a 2003 law, the U.S. Postal Service must put $3.1 billion into an "escrow account" by Sept. 30.

Postal service spokesman Jim Quirk said Congress was to decide within 180 days after passage of the law what the money would be used for, but that has not happened. "Two years have passed and that determination has not yet been put into law."

Without the reserve requirement, the service could have avoided a rate increase this year, Quirk said.

The postal service ended its 2005 fiscal year on Sept. 30 with $1.4 billion in net income on operating revenues of $69.9 billion.

The cost to mail an item weighing up to half of a pound via Express Mail, the postal service's fastest delivery method, will rise to $14.40 from $13.65. Priority Mail, which delivers packages in an average of two to three days, will cost $4.05 for packages up to one pound, up from $3.85.

International rates will rise by similar amounts. Mailing a first-class letter to Europe or Asia will cost 84 cents, up four cents.

The price of a regular first-class stamp rose three cents in June of 2002.

Calcountry
01-06-2006, 01:55 PM
Yet another reason to email, and pay all your bills online. :D

Donger
01-06-2006, 01:56 PM
Yet another reason to email, and pay all your bills online. :D

Indeed. I've only got a few left on paper. That will be changing today.

Wile_E_Coyote
01-06-2006, 01:57 PM
the price of fuel has risen since '02, can't blame them much

siberian khatru
01-06-2006, 01:57 PM
Dammit, Carl! :banghead:

Donger
01-06-2006, 01:59 PM
the price of fuel has risen since '02, can't blame them much

I know. This is the Donger-equivalent of ranting about oil companies.

sd4chiefs
01-06-2006, 02:00 PM
Why don't they just go ahead and make 40 cents. Why 39 cents? It doesn't make sense to me.

ChiefsfaninPA
01-06-2006, 02:08 PM
Why not make it 39.9 cents. We do it with gas.

Simplex3
01-06-2006, 02:21 PM
So the price is going up because Congress is forcing the USPS to put $3B into another f**king slush fund? F**k them. The two dimes a year I used to give the USPS is now over. Congress will have to steal money for family members and pet programs the old-fashioned way: by taxing me to death.

ChiefsfaninPA
01-06-2006, 02:22 PM
Congress will have to steal money for family members and pet programs the old-fashioned way: by taxing me to death.


Done.

Postal_clone
01-06-2006, 02:39 PM
cmon guys I need a raise and besides the money goes to providing better services to you......our customers.

Donger
01-06-2006, 02:40 PM
cmon guys I need a raise and besides the money goes to providing better services to you......our customers.

BAN IT! NOW!

Amnorix
01-06-2006, 02:53 PM
:shrug: Snail mail is still a good deal for the money. But let's face it, why anyone sends very much mail beyond Xmas cards is beyond me.