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Price of Stamps Going up by 3 Cents

Mailing a letter is about to get a little more expensive.
Mailing a letter is about to get a little more expensive.

Postal regulators approve a price hike today of 3 cents for a first class stamp. That brings the charge to 49 cents a letter.

The Postal Regulatory Commission says the charge was justified due to severe mail volume decreases since 2008.

The new price goes into effect January 26, and will last no more than two years.
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