USPS Implements Aggressive Price Hike as Part of Financial Overhaul
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#f79bfcd6 ver:0.19
The USPS has implemented an aggressive price hike, raising the cost of first-class US mail stamps from 68 cents to 73 cents. This is part of a financial overhaul to make the postal service self-sustaining. The price increase is expected to generate $44 billion in additional revenue by 2031. USPS has been facing significant financial losses and is projected to lose $160 billion over the next decade. President Biden has provided $50 billion in financial relief to support USPS. The Postmaster General has also agreed to halt further consolidation of processing networks. #USPS #financialoverhaul #pricehike...
#newstr #Usps #PriceHike #FinancialOverhaul #MailStamps #MailingServices #Restructuring #Revenue #MailVolume #JoeBiden #LouisDejoy
https://here.news/story/f79bfcd6?ver=0.19