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Mail Will Soon Get Cheaper With USPS Rate Increase Set to Expire Next Spring
Government Executive: Mail will get a few cents cheaper next spring, as the U.S. Postal Service’s regulator has set a new cap on how much revenue the agency can earn from its emergency price increase before it must cancel the temporary rate.
The Postal Regulatory Commission’s ruling will end the exigency rate a little more than two years after it went into place in 2014 and helped stabilize USPS’ previously shaky finances. The order will allow the Postal Service to raise about $4 billion from the price surge, up from the $2.8 billion the agency was originally permitted to collect.
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