The USPS is finding nothing lasts forever, not even when it comes to Forever stamps. In 2013, the Postal Service received permission from the Postal Regulatory Commission (PRC) to raise postage rates higher than the Consumer Price Index (CPI) due to lost revenue caused by the 2008 – 2009 recession, but only on a temporary basis. The USPS raised the cost of a stamp from 46 cents to 49 cents as part of an “exigent” increase.
The USPS wanted to make the change permanent, but a court has ruled it cannot. The decision came Friday, but as the Washington Post reported, it remains unclear when the rates will be rolled back and by how much.
Save the Post Office explained that the exigent increase was expected to end in August, but the court ruling remanded one aspect of the case that could see the cost of a stamp remain at 49 cents for many months.
Linns also digs into the news, for those wanting to learn more, and we’ll keep an eye on further developments.