The next time you mail a letter, it’ll be for the low, low price of 49 cents. When it absolutely, positively has to be there by sometime next week.
The financially struggling Postal Service is seeking a 3-cent increase in the cost of mailing a letter — and that would raise the price of a first-class stamp to 49 cents.
The chairman of the postal Board of Governors, Mickey Barnett, cites the “precarious financial condition” of the agency and the uncertain prospects for postal overhaul legislation in Congress.
The agency expects to lose $6 billion this year.
Can these guys manage their finances, or what?
Remember this the next time someone tries telling you how Obamacare is gonna save you money.