WASHINGTON (AP) - Imagine never again having to buy those annoying two- and three-cent stamps each time first class mailing rates go up.
The independent Postal Rate Commission will announce its ruling Monday on the Postal Service's bid to establish a so-called "forever" stamp.
The stamp would not show a denomination and would be good for mailing bills and letters permanently -- even if rates go up. It would sell for whatever the first-class rate is at the time you buy it.
The commission will also rule on a request to raise the first-class rates by three cents, to 42 cents. The last hike was a little more than a year ago, from 37 to 39 cents.
If the commission approves the requests, the Postal Service is expected to schedule rate changes in May.
(Copyright 2007 by The Associated Press. All Rights Reserved.)