The US Postal Service said that in order to deal with the financial crisis, it plans to raise the price of “permanent stamps” by about 5% from July 12, from 78 cents to 82 cents. The agency also plans to increase the mailing price of domestic postcards by 6.6%, from 61 cents to 65 cents. The cost of mailing international postcards will increase by 2.9%, from $1.70 to $1.75. The proposed price increase is subject to approval by the Postal Administration. The Commission is a federal agency that oversees the US Postal Service's rates and mail services. The US Postal Service said in a written statement: “The General Post Office is using all available tools, including available regulatory pricing powers, to ensure that we can continue to fulfill our universal service obligations and serve the American people.”

The US Postal Service said that in order to deal with the financial crisis, it plans to raise the price of “permanent stamps” by about 5% from July 12, from 78 cents to 82 cents. The agency also plans to increase the mailing price of domestic postcards by 6.6%, from 61 cents to 65 cents. The cost of mailing international postcards will increase by 2.9%, from $1.70 to $1.75. The proposed price increase is subject to approval by the Postal Administration. The Commission is a federal agency that oversees the US Postal Service's rates and mail services. The US Postal Service said in a written statement: “The General Post Office is using all available tools, including available regulatory pricing powers, to ensure that we can continue to fulfill our universal service obligations and serve the American people.”