Stamp prices expected to increase - KWWL - Eastern Iowa Breaking News, Weather, Closings

Stamp prices expected to increase

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WATERLOO (KWWL)--The rate of sending a piece of first-class mail may soon go up.

The U.S. Postal Service is proposing raising the cost of a stamp to 46 cents. It's an effort to reduce massive losses.

Officials have also proposed cutting Saturday delivery to save money,  but congress will have to approve that step.

The current first-class rate of 44 cents took effect last May.

 

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