A Stamp May Soon Cost 50 Cents

RENO, NV - The United States Postal Service is proposing increasing the cost of a stamp to fifty cents to deal with losses. A spokesperson for the USPS, said the cost would likely go up gradually during the next few years.

"They're high enough as it is, we don't need to raise them any higher," Rita Liblin of Reno said.

However, the Postal Service may lose billions every year without cuts. Less mail volume is one factor blamed as more people do business online.

The price of a stamp just increased a cent to forty-five cents last month.

"It's a bargain," Eric Thelen of Reno said. Thelen said he would support paying fifty cents.

People have taken to the streets to protest the possible closure of Reno's Vassar Street Distribution Center. Closing facilities is also something the US Postal Service is considering to save money. In Reno, that may put hundreds out of work. There is no word on when a decision will be made.
Saturday mail delivery could also be eliminated.

"It wouldn't affect me one bit," Phillip Tracy of Reno said.

Still, others said they fear raising prices may make the Postal Service less competitive.

Congressional approval would likely be needed to implement the cost-cutting measures.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
KOLO-TV 4850 Ampere Drive Reno, NV 89502
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 139554298