Post Office trying to get postage rate increase again

The post office is trying again to get a rate increase.

The agency announced Friday that it is appealing the Postal Regulatory Commission's rejection of its requested increase. The post office had asked for a 2 cent increase in January in the price of first class stamps, which now cost 44 cents.

The agency says it needs the rate increase because of losses caused by a drop in mail volume caused by the weak economy and bill paying to the internet. The commission rejected the request on September 30th.

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