Postal Service pushes for 49-cent rate, starting January

WASHINGTON — It soon could cost 49 cents to mail a letter.

The postal Board of Governors said Wednesday it wants to raise the price of a first-class stamp by 3 cents, citing the agency’s “precarious financial condition” and the uncertain prospects for postal overhaul legislation in Congress.

“Of the options currently available to the Postal Service to align costs and revenues, increasing postage prices is a last resort that reflects extreme financial challenges,” board chairman Mickey Barnett wrote customers.

The rate proposal must be approved by the independent Postal Regulatory Commission. If the commission accepts it, the increase would become effective Jan. 26.

Under federal law the post office cannot raise its prices more than the rate of inflation unless it gets approval from the commission. In seeking the increase, Barnett cited “extraordinary and exceptional circumstances which have contributed to continued financial losses” by the agency.

As part of the rate increase request, the cost for each additional ounce of first-class mail would increase a penny to 21 cents while the price of mailing a postcard would rise by a cent, to 34 cents. The cost to mail a letter to an international destination would jump 5 cents to $1.15.

Many consumers won’t feel the increase immediately. Forever stamps bought before an increase still would cover first-class postage. The price of new forever stamps would be at the higher rate, if approved.

The Postal Service also said it would request price increases totaling 5.9 percent for bulk mail, periodicals and package service rates, according to a filing to be made with the commission Thursday.

Media and marketing businesses that rely on postal services say a big increase in rates could hurt them and lower postal volume and revenues.

Rafe Morrissey, the Greeting Card Association’s vice president of postal affairs, said the rate increases were “no substitute for common-sense, structural reforms” and the group hoped they would be rejected.

The post office expects to lose $6 billion this year and is seeking help from Congress to fix its finances.

Barnett said the increases, if approved, would generate $2 billion annually for his agency. The agency last raised postage rates on Jan. 27, including a penny increase in the cost of first-class mail to 46 cents.

The Postal Service unsuccessfully sought an emergency 5.6 percent rate increase in 2010, citing the recession. The commission acknowledged that the recession had hurt revenues, but said the rate request was more of an attempt to address long-term structural problems.

Barnett said the post office would reconsider its rate request if Congress passes legislation to put the agency’s finances back on track. But prospects in Congress are unclear.

A bipartisan bill in the Senate would end Saturday mail delivery after one year and cease door-to-door delivery for new residential and business addresses. The agency says ending Saturday mail delivery would save $2 billion each year. But many lawmakers, along with postal worker unions, have resisted such changes, saying they would inconvenience customers.

Postal Service supports the proposed delivery changes. It also is seeking to reduce its $5.6 billion annual payment for future retiree health benefits. It missed two of those payments in 2012, one deferred from the previous year, and is expected to miss another at the end of this month, when its fiscal year ends.

The Senate bill would change the method by which the retiree health costs are calculated, as well as allow the agency to ship alcoholic beverages and compete with private shippers.

Postmaster General Patrick Donahoe was to appear before a Senate panel on Thursday to press lawmakers for swift action.

The House Oversight and Government Reform Committee approved a bill this year that would allow the Postal Service to gradually shift from door-to-door delivery to cluster box and curbside delivery. No Democrats voted for the measure.

The bill, introduced by the chairman, Rep. Darrell Issa, R-Calif., also would end Saturday delivery and change how pension and retiree health costs are calculated.

Issa said the proposed rate increases were merely a short-term solution and that the agency’s “costly, inefficient delivery” system needs to be fixed. Such increases could hurt businesses that rely on the post office, he said.

The Postal Service is an independent agency that receives no tax dollars for its day-to-day operations but is subject to congressional control.

ad-high_impact_4
News
Hero Southwest Pilot Was One of the Navy’s First Female Fighter Pilots
Hero Southwest Pilot Was One of the Navy’s First Female Fighter Pilots Tammie Jo Shults is being called a hero after safely landing the crippled Southwest Flight 1380 in Philadelphia. According to a spokesperson, Shults began her Navy career in 1985 and was one of the first female pilots to “transition to tactical aircraft.” She served for another eight years before moving to the Naval Reserve, retiring completely in 2001 with the rank of Lt. Commander. The Southwest flight, which was headed for Dallas from New York, was forced to make an emergency landing after one of its engines blew. One passenger was killed in the explosion when shrapnel flew through a window. Seven others suffered minor injuries aboard the flight, which carried 149 people. Passenger Peggy Phillips, to NBC News Passenger Peggy Phillips, to NBC News
Prince death investigation coming to an end
Prosecutors in Minnesota plan an announcement Thursday on the two-year investigation into Prince's death from a drug overdose Prince was 57 when he was found alone and unresponsive in an elevator at his Paisley Park estate on April 21, 2016. An autopsy found he died of an accidental overdose of fentanyl. Search warrants unsealed about a year after Prince died showed that authorities searched his home, cellphone records of associates and his email accounts to try to determine how he got the drug. The county attorney has scheduled a morning announcement at which time charges could be filed.
David Copperfield executive producer testifies during the magician's civil trial
A British tourist is suing illusionist David Copperfield saying he was injured during a trick. Chris Kenner, executive producer for illusionist David Copperfield, was on the witness stand all day Tuesday, April 17. Kenner testified that a business manager for the show talked to the man after he fell. Kenner testified that the tourist, Gavin Cox, said he was OK moments after the fall. Cox later told the crew: “Maybe I will have this looked at.” Copperfield is the next witness in line for Cox’s attorneys. K.M. Cannon/Las Vegas Review-Journal
Art Bell’s Top 10 Shows
A selection of radio host Art Bell’s most popular shows.
CCSD Teacher Is a Living Organ Donor
June Monroe speaks about her kidney donation to her brother and advocacy work with the National Kidney Foundation.
Shadow Ridge High School teachers protest
Shadow Ridge High School teachers protest. Teachers are upset over many things, including the fact that the district is fighting an arbitration ruling for pay raises. Bizuayehu Tesfaye/Las Vegas Review-Journal @bizutesfaye
Clark County commissioners debate getting rid of Henderson, North Las Vegas constables
Clark County commissioners are debating whether to get rid of the Henderson and North Las Vegas constables after RJ's story pointing out questionable spending by the Henderson Constable Earl Mitchell. (Bizuayehu Tesfaye/Las Vegas Review-Journal) @bizutesfaye
1 Dead, 7 Injured After Southwest Airlines Flight Makes Emergency Landing
1 Dead, 7 Injured After Southwest Airlines Flight Makes Emergency Landing Dallas-bound Southwest Airlines Flight 1380 out of New York, which had 143 passengers and a crew of five onboard, landed in Philadelphia on Tuesday. According to NBC10, a female passenger was partially sucked out of a broken window, which was a result of the plane's engine ripping apart. It's not known if the female passenger was the one who died. Emergency personnel met the battered plane upon its landing. According to the Federal Aviation Administration, the blown engine resulted in a smashed window and a damaged fuselage. Southwest Airlines The FAA said that the NTSB will lead the investigation into what happened.
Single vehicle crash kills man
A man died Tuesday morning in a single-vehicle crash in northeast Las Vegas. The crash occurred Tuesday morning on the 1900 block of Pasadena Boulevard, near Lake Mead Boulevard and Mt. Hood Street. Police had few details, but Metro's fatal detail was on the scene investigating.
Sunset Park Homicide (update 2)
LVMPD gives update about suspect in homicide at Sunset Park (Blake Apgar)
Sunset Park Homicide (update)
Update from LVMPD on Sunset Park homicide. Releasing suspect's name (Blake Apgar)
Sunset Park Homicide
Police give details about Sunset Park homicide on Sunday, April 15, 2018. (Blake Apgar)
Parents of autistic child talk about their experience waiting for care
Parents of autistic child talk about their experience waiting for care. Bizuayehu Tesfaye/Las Vegas Review-Journal @bizutesfaye
Donald Trump Calls Out James Comey After Book Details Emerge
Donald Trump Calls Out James Comey After Book Details Emerge The President took to Twitter to criticize the former FBI director as information emerges from Comey’s new book, ‘A Higher Loyalty’. According to 'The New York Times', Comey describes Trump in the book as “unethical, and untethered to truth and institutional values.” James Comey, A Higher Loyalty, via The New York Times A Higher Loyalty hits stores on April 17.
Big Bounce America visits North Las Vegas
Billing itself as "the biggest bounce house in the world," Big Bounce America visits Craig Ranch Regional Park in Las Vegas.
Endangered Devils Hole Pupfish numbers enough for concern, but not panic
Researchers from the U.S. Fish and Wildlife Service and Death Valley National Park came together at Devils Hole, about 90 miles west of Las Vegas, for a biannual count of the Devils Hole Pupfish, an endangered species. Their count this time – 87. (Video by Patrick Connolly)
Hickey Elementary Students Put Harry Potter on Trial
Liliam Lujan Hickey Elementary School students learned how the judicial system works by putting Harry Potter on trial for the illegal use of magic.
David Copperfield in court after man injured during magic trick
The attorney for a British man who is suing illusionist David Copperfield said his client suffered serious injuries after being called on stage during Copperfield's show at MGM Grand.
The Clark County Museum Turns 50 This Month
The Clark County Museum has an extensive collection, dating back to prehistoric times in Southern Nevada up through the present day. It was first established in April 1968 and has had several locations before it's current home on South Boulder Highway.
Route 91 Artifacts Will Be On Display This October
Clark County Museum Administrator Mark Hall-Patton explains what artifacts will be on display in October as part of the museums Route 91 shooting memorial exhibit called "How We Mourned."
Bullet grazes woman's head
Las Vegas police investigating calls of a shooting early Friday morning found a woman who suffered a wound to her head. A bullet grazed the woman's head while she was inside her Village Square apartment on Nellis Oasis Lane. She did not have to be hospitalized, and police said she might have been an "unintended" victim. The shooting occurred around 4 a.m. Police are looking for the shooter.
Aces Host Draft Party
The Las Vegas Aces host a WNBA draft party at the Mandalay Bay for season-ticket holders, and have the number one overall pick.
Las Vegas man stands with president at White House
President Donald Trump delivered remarks in the Rose Garden Thursday about how the GOP tax cut plan helped working families across the country. To his left stood Richard Kerzetski, president of Universal Plumbing & Heating Co. in Las Vegas. Debra J. Saunders/Las Vegas Review-Journal
Transgender Man Running for Assembly District 42
U.S. Army veteran La Don Henry is hoping to become Nevada’s first openly transgender state legislator.
Erik Weihenmayer is the First Blind Person to Summit Mount Everest
Erik Weihenmayer talks about how he first got into mountaineering in 1995 with the ascent of Denali, the tallest peak in North America, and what he loves about climbing.
New Theater Coming to Neonopolis
Ken Henderson explains his concept for Notoriety, a 57,000-square-foot theater complex on the third floor of Neonopolis intended to host comedy, music and theater acts.
Politicians, Tenants Come Together at Neonopolis
Neonopolis Owner Rohit Joshi explains the concept behind the Nevada Business Forum, which brings Neonopolis tenants and politicans together once a month to discuss issues that are important to them.
USPS is holding a class for mail carriers for dog bite prevention week
USPS is holding a class for mail carriers on preventing dog bites just in time for dog bite prevention week. Sponsored by the U.S. Postal Service, is a public service campaign that offers safety tips and emphasizes the need for increased owner responsibility in the prevention of dog attacks. Bizuayehu Tesfaye/Las Vegas Review-Journal @bizutesfaye
Las Vegas Strip robbery spree ends in casino parking garage
A pair of robbery suspects led police to three parking garages around the Las Vegas Strip before they were caught early Tuesday morning. The first robbery took place at the Treasure Island parking garage, where two suspects "battered" a 71-year-old, her adult daughter and a juvenile girl. The suspects, one of who was armed, next demanded money and property from a pair of 18-year-olds at Fashion Show mall. The suspects were later spotted at the SLS Las Vegas parking garage. They tried to get away by ramming a patrol car with their vehicle. That effort failed and they were taken into custody.
Ackerman Center Fights Autism with Limited Resources
Across the Valley, parents face wait lists up to several months to obtain behavioral services for their autistic children. At the UNLV Ackerman Center, there are about 2,500 people waiting to get care. We'll talk to the Ackerman Center's director and child neuropsychologist.
Life
Art Bell’s Top 10 Shows
A selection of radio host Art Bell’s most popular shows.
Calvary Christian Learning Academy, “There was no fair warning.”
Samantha O’Brien, whose three-year-old daughter attended the Calvary Christian Learning Academy daycare, found out Monday night when her daughter’s teacher called about the school closing.
Companies bet their futures on cryptocurrency
Two Las Vegas entrepreneurs talk about finding their niche in blockchain enabled technologies and digital currency.
Solar panels reduce energy bill for CCSD
Wilbur and Theresa Faiss Middle School is one of 42 CCSD schools with solar panel installations, saving approximately $514,000 per year in energy costs.
TOP NEWS
News Headlines
ad-infeed_1
ads_infeed_2
Local Spotlight
Events
Home Front Page Footer Listing
Circular
You May Like

You May Like