It now costs two cents more to mail a letter.
First-class postage increased to 39 cents yesterday.
The increase follows legislation requiring the Postal Service to place three (b) billion dollars in an escrow account this year. Another rate boost is likely next year to cover rising costs for the agency. Stamp prices last went up in June 2002.
Many rates, such as parcel post and advertising mail, vary by distance or whether the material is presorted.
On the Net:U.S. Postal Service: http://www.usps.com
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