You have to be kidding: Postage stamp price going down

Screen Shot 2016-04-08 at 9.19.05 AMBy Laura Stevens | The Wall Street Journal

A temporary rate increase granted to the U.S. Postal Service in January 2014 by its regulators to help offset the lingering effects of the most recent recession is ending.

As a result, starting on April 10 a stamp for a 1-ounce letter will cost 47 cents, down from 49 cents. International letters will go down by 5 cents to $1.15, and postcards will be 1 cent cheaper, at 34 cents.

The Postal Service fought the change, and said Thursday it adds up to about $2 billion in much-needed revenue annually.

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