USPS proposes 5th postage hike since 2021 — a move critics call 'unprecedented'

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USPS proposes 5th postage hike since 2021 — a move critics call 'unprecedented'
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The USPS wants to boost first-class postage rates to 68 cents in January, following a rate increase in July. Critics say it's driving customers away.

The U.S. Postal Service wants to boost the cost of postage in January, which would mark the fifth rate increase since 2021 and come on the heels of a July postage hike. Some critics are decrying the plan, saying that the rapid price increases are 'unprecedented' and causing customers to stop using the mail. The USPS on Friday said it filed notice with the Postal Regulatory Commission to hike rates beginning on Jan. 21, 2024.

'These unprecedented postage hikes are giving Americans rate whiplash and compromising the Postal Service's ability to deliver for America,' said Kevin Yoder, a former congressman and the executive director of Keep US Posted, a nonprofit advocacy group that represents consumers and businesses like newspapers and publishers that rely on the USPS, in an emailed statement.The USPS didn't immediately respond to a request for comment.

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