Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Saturday, 10 October 2015
Login |  Register 
Find Products or Services in your local community
Low  54°
High 84°
Low  57°
High 89°
Low  48°
High 76°
Low  50°
High 83°
Low  52°
High 82°
Low  51°
High 83°
Low  50°
High 75°
Current Temperature in Liberal KS is 50°  
KSCB Radio News US National Business Health & Science Political World Sports Top NPR Headlines Sports National Headlines
Postal Service Looking For Rate Increase

The post office wants to increase the price of a stamp by 2 cents to 46 cents starting in January. The agency has been battered by massive losses and declining mail volume and faces a financial crisis.

Postal officials announced a wide-ranging series of proposed price increases Tuesday, averaging about 5 percent, and covering first class, advertising mail, periodicals, packages and other services.

The request now goes to the independent Postal Rate Commission which has 90 days to respond. If approved, the increase would take effect Jan. 2.

"The Postal Service faces a serious risk of financial insolvency," postal vice president Stephen M. Kearney said.

Kearney said the agency is facing a $7 billion loss in 2011. The rate increase will bring in an extra $2.5 billion, meaning it still faces a $4.7 billion loss.

The rate increase is part of a series of money-saving plans announced in March. These also include reducing mail deliveries to five days a week, closing offices and making other cuts in expenses. Congress must agree to eliminating deliveries on Saturdays.

While the cost of a first-class stamp would go up to 46 cents, people who bought "Forever" stamps at lower prices will still be able to use them for first-class mail without paying the difference.

Officials also said they plan a new design for Forever stamps, which currently have am image of the Liberty Bell. New Forever stamps will have images of evergreen trees. All Forever stamps would remain valid.

In addition to the 46-cent rate for the first ounce of a letter the cost for each additional ounce would go up a penny to 18 cents. The cost to mail a post card would go up 2 cents to 30 cents.

© Copyright Associated Press
You will need to be logged in to leave a comment.
Please Login

characters left

The posting of advertisements, profanity, or personal attacks is prohibited.
Click here to review our Terms of Use.

Friday's Scores
“Jackalopes, Hodags, and Other Larger than Life Myths from the American Road”
Kansas To Outsource Vehicle Dealer Title Work
Enrollment Continues to Increase at USD 480 Schools
Buffaloes Burst Past Redskins
Slatten Sets Record as LHS Competes at Newton
Sublette's Lehning and Former BJ Berry in Kansas Hall
Baker Arts Presents Joseph Hall's Elvis Tribute
Eliel's Heady Play Lifts Redskins Over Buffaloes
Friday's Games
Click Here For All Stories

LHS Girls Golf Fourth at Syracuse
Friday's Games
Redskins Blank Hays for Fifth Straight Win
Middle School Results
Sebastian Morales is Winner of Billy's 10 Best Scholarship  
Israel Arroyo is Mead Lumber Athlete of the Week  
Hutch Rallies for Win in Raucous Green House
“Jackalopes, Hodags, and Other Larger than Life Myths from the American Road”
Baker Arts Presents Joseph Hall's Elvis Tribute
Eliel's Heady Play Lifts Redskins Over Buffaloes
Click Here For All Stories
Click Here for KSCB Talk Radio 1270 am
Click Here for B107.5
Click Here for The Legend 102.7
click Here for ozzBlog
Click Here for the Kansas Lottery

©2015 Seward County Broadcasting Company, Inc.
1410 N. Western Ave. Liberal, KS 67901

Emergency Alert System | EEO Public Report Form | The Public and Broadcasting

Powered by Radio Media Group