Cost of stamps will likely rise again

Posted by Iva Radman – email

RICHMOND, VA (WWBT) - Get ready for the cost of mailing a letter to go up again.

The Postal Commission is expected to Increase the cost of a stamp by 2 cents Thursday, making it a total of 46 cents.

The Postal Service lost $3.8 billion last year and is on track to lose $7 billion this year.

The last time postal rates went up was in July.

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