WASHINGTON --Americans know a good deal when they see one.
Saving a cent is suddenly sensible
March 12, 2008 at 3:23AM
Sales of the Forever Stamp -- valid for postage regardless of any rate increase -- jumped by $95 million after plans for higher stamp prices were announced last month.
The cost to mail a first-class letter will rise a penny, to 42 cents, on May 12.
Until then the Forever Stamp will continue to sell for 41 cents and after the rate increase it will still be valid for postage without the need for an extra stamp.
The Postal Service said Tuesday that it sold $275 million in Forever stamps in February, up sharply from sales of $179 million in January.
Since the stamp was introduced in April 2007, sales have totaled $2.3 billion.
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The state will lose about $18 million in federal funding as the Trump administration terminates two pandemic-era programs.
