US Postal Service Denied In Request To Raise Prices

"..."The Postal Service didn't make the case, didn't make the connection between the problems they suffered during the recession and the revenue they were requesting," the commission chairwoman, Ruth Goldway, told the Post. The request seemed more part of the USPS's 10-year business plan than an emergency request, she said...."    

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Post Office Loses $3.5 Billion

"...relief may come with the proposed price increase for mail delivery requested in July, which would raise the price of a first-class stamp from 44 cents to 46 cents. The post office says the proposed increase, which would go into affect on Jan. 2, 2011, would raise $2.3 billion during its first nine months...."    

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