Lobbyists Expect Postal Service to Try to Hike Stamp Prices

Up another three cents

The troubled United States Postal Service is likely to vote to raise its prices at a Thursday meeting of its Board of Governors, according to top Washington lobbyists opposed to the hike.

Greeting Card Association lobbyist Rafe Morrissey told reporters Wednesday that he expects the USPS to try to increase price of the 46 cent first-class stamp by 3 cents in total.