proposed price increases.

News broke today that the USPS is proposing a 3 cent price increase on postage starting in 2014!

Image from: news.yahoo.com

The USPS is hoping the price increase will raise $2 billion in revenue. The increase, which would go into effect in January 2014 if it is approved by the Postal Regulatory Commission.

Here are some highlights of the new single-piece First-Class Mail pricing:

Letters (1oz): 3 cent increase to 49 cents
Letters additional ounces: 1 cent increase to 21 cents
Letters to all International destinations (1oz): $1.15
Postcards: 1 cent increase to 34 cents

Read the full press release by the USPS here.

p.s. Will this increase effect you and the amount of letters you mail?