U.S. News
Brace Yourself: USPS Announces Yet Another Price Hike for 2024
Clear Facts:
- USPS is set to increase stamp prices in 2024 due to inflation.
- First-Class Mail Forever stamp might see a 2-cent increase.
- This move follows a previous 4.2 percent increase from last year.
The United States Postal Service (USPS) dropped a bombshell on Friday: the cost of sending your mail is about to jump once more.
Come 2024, stamps may burn a larger hole in your pocket, thanks to what the USPS describes as “inflationary pressures.”
Pending approval from the Postal Regulatory Commission, these fresh rates, expected to roll out on January 21, 2024, aren’t limited to a mere two cents.
In fact, the overall service prices are projected to swell by approximately 2 percent, the USPS revealed.
In a statement, USPS elaborated on the reasons behind the move: “As inflationary pressures on operating expenses continue and the effects of a previously defective pricing model are still being felt, these price adjustments are needed to provide the Postal Service with much-needed revenue to achieve the financial stability sought by its Delivering for America 10-year plan.”
Notably, this isn’t a standalone decision.
Just last year, the USPS shocked many when it jacked up prices by an estimated 4.2 percent, a maneuver justified as a means to combat the spiraling operational costs.
But for those already clutching their stockpile of Forever stamps, there’s some consolation. True to their name, these stamps will be accepted by USPS indefinitely, regardless of their purchase date.
This means that even if you’ve bought them at today’s rates, they’ll still be valid after 2024’s impending price surge.
For the forward-thinking among us, it’s a call to action—stock up now and secure savings for the future.
We want to know what you think! Share your thoughts in the comments below.
Daniel Gray
October 15, 2023 at 6:49 pm
If they STOP supporting these stupid activities like parades and football games then they would have enough to run. And they need to change their business policy with their unions. At any other place union or not, if you go to work and there is no work for you then you are sent home without pay or you are laid off. The USPS is the ONLY group I have seen that if you are scheduled for work and you come in and there is no work for you to do you get to sit around on your rear for 8 hours and get a full days pay for doing nothing. And how in the heck can they say they need an increase in revenue when in Northwest Ohio they are HIRING more people?? Its common sense that you cant say you dont have the funds to keep operating and then turn right around and hire in more workers to do what you say you dont have the funds to do! Do they think we are morons that we cant see this simple fact?? Or are they the morons that seemingly cant understand that the reason people are going to emails and online bill paying is that they are getting way too damn greedy.
Ronald Argus,Sr.
October 15, 2023 at 7:18 pm
We are the Government,and we’re here to help—- no one ever believes that horseshit!
Loretta Cogar
October 16, 2023 at 8:38 am
What do you expect? the USPS is a Federal Job. That appears to most of us to be the only thing the Feds’ know how to do. Well that and waste money.
Big Sarge
October 16, 2023 at 2:36 pm
You are totally providing erroneous information. There is NO such thing as a postal worker sitting around if no work for 8 hours with pay. And the reason why they are consciously hiring is due to the fact that the workers are quitting at astronomical rates. They get worked to death in the first two years of employment to only be rewarded with meager wages.
Camille Gilliam
October 15, 2023 at 6:51 pm
USPS, You wouldn’t be having some of the problems you have if Amazn was paying their fair share for what they are shipping.
Bubba
October 15, 2023 at 6:58 pm
Most of the items USPS “delivers” are junk mail everyone throws away without reading. The junk mail rates are FAR below regular mail rates. That’s why we all get so much of it. The USPS is based on an outdated business model and 50% of Those lazy USPS employees ought to be RIFFED.
Jerome Henderson
October 15, 2023 at 9:23 pm
You’re right on the money Bubba. Virtually all of the daily mail in my box is junk. At least 3 days of every week I get nothing other than the days when the postman gives me my neighbor’s mail by mistake. For my tax dollars, I’d drop Saturday delivery. We can all thank idiot Biden for the inflation that hits everything and everyone.
Bobby
October 15, 2023 at 7:01 pm
Bidenonimics
Glenn
October 15, 2023 at 7:06 pm
Where I live (north Arkansas) I can’t even get decent delivery service as it stands right now. So this operational cost’s BS is just that “BS”. It is only to cover the costs of their continued parties and supporting dumb stuff like parades and their unions.
Ron C
October 15, 2023 at 7:14 pm
Has anyone in the post office ever thought of stopping there votes for democrats? Maybe you wouldn’t have the inflation problem! Because retired folks can’t just give themselves raises all the time!
John Warren
October 15, 2023 at 7:25 pm
The USPS is just another incompetent organization. Anything the government runs is a fu*ked up mess.
Like so many other government agencies, the USPS is nothing but an affirmative action hiring agency.
Charles Evering
October 15, 2023 at 7:58 pm
Show me a branch of Government today? There are none.
Bob
October 15, 2023 at 8:32 pm
Ive had my mail chewed up three times in the last 8 months. I personally delivered it to a post office. From there shipped to Springfield, Missouri. Chewed up all my checks to my providers and the never told me about it. I get hit with late fees or my service was shut off, including my phone.which is my lifeline as I am disabled. They wont even acknowledge that they screwed up. How many other good people suffered because of them.
Lily
October 15, 2023 at 10:51 pm
It takes a whole week for a letter to get from the west coast to the east coast nowadays. It better get there sooner if they are going to raise the cost.
John smith
October 16, 2023 at 12:24 am
I should have gotten a case of forever stamps when they first came out. Weren’t they like 55 cents then?
inyoface
October 16, 2023 at 12:29 am
Like I say “The government couldn’t run a whorehouse in a mining camp and break even”.
Loretta Cogar
October 16, 2023 at 8:48 am
Has anyone else ever tracked their packages? If so, then you know the waste that is the USPS. I live in West Virginia, and kid you not, tracked a package shipped from Pittsburgh PA. It went from PA to NY to NJ to WV only to then be sent to SC, Nebraska, Idaho, Tennessee, Ohio, PA then straight to WV and then to me. A package that should at most take 3 days took 2.5 Weeks or more. If it’s coming from the West Coast forget it, you’re looking at almost 1 Month of transit. I’ve even had packages come from overseas that might take 2 months. 1 to reach the U.S. then another to actually get to me. They say they’re streamlining but Service is worse and wasteful spending of time and money is why people do everything on line now instead of thru the mail.
Jeremy
October 16, 2023 at 9:02 am
OK, first off, the Postal Service is not funded by the Federal Government. It does not get any of your tax dollars, that is why it is not affected by government shut downs. Since Congress can’t control them by withholding their budget, they find other ways to interfere with their operations.
In order to appease the environmentalists and the people who believe the climate change hoax, the postal service expects to receive at least 66,000 electric vehicles over the next five years. They need money to build the infrastructure to charge them.
How quickly everyone has forgotten that Postal workers were thought to be some of the heroes who still delivered your packages during the COVID lock downs.
Fran
October 17, 2023 at 8:14 am
Thanks Jeremy! I’m a RETIRED USPS employee, having worked many positions from distribution clerk to management to Mailman (letter carrier – hate that name)! I worked my butt off for decades, was forced to join the respective unions (which did nothing for me) and despite it all, loved the work. I took excellent care of the elderly folks on my Route, brought the ladies roses on Mother’s Day, the men got chocolate covered marshmallow hearts for Father’s Day. Every day in December I wore a different Holiday hat & everyone came out to see. If I didn’t see someone for a few days, I peeked in windows, asked neighbors & inquired at the office. I was always looked out for them. I still send them Christmas cards.
When I retired, the post office didn’t throw me a party (they never do), MY CUSTOMERS DID !
In our area, we had the oldest LLVs in the country, we had to cannibalize them. We were always understaffed. I cased multiple routes a day & carried additional pieces. I did a ton of paperwork ON MY OWN TIME and at my own expense to fully serve my customers. TOO MUCH MANAGEMENT that does nothing.
moon
October 26, 2023 at 3:35 pm
hehehehehhahaha yea, sure they did. pks. are all crumbled up, half the mail is torn, and sometines when the flag is up, hell they just drive on by. yeaa, there really working hard not to do anything.
Kevin
October 16, 2023 at 9:12 am
The reason for increasing is the government’s stupidity on going full electric!!! These vehicles are doubling their costs instead of just running what they have!!
RJG
October 26, 2023 at 8:02 am
Why do they need to increase rates? “President” Biden has said that the economy is i great shape, that there is no inflation and the United States is all unicorns and candy. Is someone lyig to us? (sarcasm)