Are USPS stamps and mail rates going up in January? Here are the postal changes coming in 2020

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Are USPS stamps and mail rates going up in January? Here are the postal changes coming in 2020
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USPS rate changes are coming in January 2020, but for those who stick to stamps, the inconveniences should be minor.

that the 2020 rate changes proposed in October have been approved by the Postal Regulatory Commission and will go into effect in January, further confirming"there will be no change in the price of a First-Class Mail Forever stamp."Photo by Smith Collection/Gado/Getty Images

Since its founding in 1792, when President George Washington signed into law the Postal Service Act, the United States Postal Service has periodically increased prices, but maintained the first class stamp price based on the Consumer Price Index. But since the USPS receives no tax dollars for operating expenses and relies on postage and shipping sales, annual shipping prices are adjusted based on perceived market conditions.

The price for First-Class Mail Forever letter stamps last increased in January of 2019, bringing the cost up to the current $0.55 price, which will remain the same in 2020.

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